Keeler Markwood Group’s affiliate, Chester WP II, LLC has secured $15.25 million in construction financing from First County Bank to develop a 59,540-square-foot residential rental building located at 8 Chester Avenue in White Plains, New York. The four-story building will feature 74 rental units formed by combining two properties: 6-8 and 10 Chester Avenue. Eon Nichols of Cuddy + Feder LLP and Michael Curti of Harris Beach PLLC represented the borrower while Nikolas Kittridge and Scott Gerard of Shipman & Goodwin LLP served as legal counsel for the lender. This White Plains industrial development project was also supported by the local Industrial Development Agency (IDA).

Logos Faith Tests Modular Construction to Scale Affordable Housing in Los Angeles
Los Angeles based nonprofit Logos Faith Development is testing modular construction as a way to expand its affordable housing program

