ADDING MULTIMEDIA Saber-Hightower, Rafferty Real Estate, and Eagle Realty Group Break Ground on The Ibex at Ridge Hill, a $140 Million Residential Tower in Yonkers
Bank OZK is providing construction financing for The Ibex at Ridge Hill, a $140 million, 17-story, 282-unit residential tower in Yonkers that broke ground this week. The joint venture of Saber-Hightower, Rafferty Real Estate, and Eagle Realty Group closed on the land acquisition alongside OZK's financing, with first units expected in late 2028.
Key figures
- Deal Value Usd
- 140000000
- Units
- 282
- Project
- The Ibex at Ridge Hill
- Stories
- 17
- Affordable units
- 28
- First units delivery
- late 2028
- Resg originations five years
- $38.75 billion
AI analysis
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