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Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Ruby Schron’s Cammeby’s International Group scored a $ 500 million Fannie Mae loan for its nearly 3,300-unit megacomplex in Queens, according to property records. Capital One provided the refinancing, which includes a nearly $ 190 million multifamily mortgage. It covers hundreds of low-rise buildings and a vacant plot of land, stretched across eight tax lots surrounding the Long Island Expressway, city records show. The new financing replaced a $ 325 million debt package through Independence Community Bank from


The Real Deal New York

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