APARTMENTS • AMLI at Seven Bridges • Harrison Commons Apts/ Penmark Condominiums • La Terrazza at Colma Station Apartments • Park Bethesda Apartments • Munroe Place @ Quincy Center CONDOMINIUMS • E11even Condos • The Palmolive Condominiums • St. Paul Crossing • University Club Tower MIXED USE • Jack London Square • Shadyside • Washington D.C. Site Acquisition OFFICE • Broadway 655 • Central Park East RETAIL • Legacy Village • Tysons Corner Center

Legacy Village
Lyndhurst, Ohio

Legacy Village is more than just a lifestyle retail center. Completion of the $128 million project in 2003 was a landmark event in suburban Cleveland, which previously suffered from a dearth of upscale retail properties. NEBF partnered with Cleveland-based First Interstate Properties by providing vital equity capital to the project. Additionally, NEBF was able to significantly enhance the creditworthiness of the financing by putting the weight of our substantial balance sheet behind limited construction loan recourse. After Legacy Village was completed and leased, NEBF further augmented investment returns, for both our partner and ourselves, by arranging a partial sale of the property to a well-known institutional investor. NEBF’s financial strength was vital to the development, and our wide-ranging contacts maximized the project’s return potential.

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