New resi projects nab biggest outer-borough loans

The biggest outer-borough loan list in June was a shadow of its former self — mirroring Manhattan — with the 10 largest totaling just $342 million. The outer boroughs brought in $1.16 billion in real estate loans in May and $1.42 billion last June. Nonetheless, the big loans that did close last month say something about lenders’ confidence in residential construction, as rents in the city have risen to record levels. Brooklyn captured eight of