In the News

Month: June 2022

Bellefield at Historic Hyde Park Secures $54 Million in Financing as Vertical Construction Begins

Bellefield @ Historic Hyde Park, T-Rex Capital, T-Rex In the News,

$1 Billion Project, One of New York State’s Largest, Will be an Economic Powerhouse with Unique Culinary, Residential and Recreational Options HYDE PARK, N.Y. (June 28, 2022) – Bellefield Development Partners, an affiliate of T-Rex Capital Group, LLC, has secured $54 million in financing: $36 million in financing to propel construction of The Inn atRead More »

How hot is the real estate market near Poughkeepsie? Home prices rise to $375K

Bellefield @ Historic Hyde Park, T-Rex Capital, T-Rex In the News,

The median sales price for a single-family home in Dutchess County during March was $375,000. That’s an increase of 10.3% compared with March 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com. March prices are down from $382,500 the previous month. The number of houses sold fell by 61.4% fromRead More »

Construction Begins at Hyde Park’s “Neighborhood of the Future”

Bellefield @ Historic Hyde Park, T-Rex Capital, T-Rex In the News,

We’ve been hearing about it for months. Actually, it’s been over a year, but we’re happy to tell you that construction has begun at Bellefield at Historic Hyde Park. The truth is that above-ground construction has finally begun. Apparently, projects like this need underground construction, too. But buildings are going up, and it looks asRead More »

Dutchess development now valued at $1B; above-ground construction begins

Bellefield @ Historic Hyde Park, T-Rex Capital, T-Rex In the News,

A mixed-use development of 2.1 million square feet that has been positioned as a future economic powerhouse for Dutchess County is now being valued at $1 billion, approximately 25% more than the previous price tag of $800 million. Known as Bellefield at Historic Hyde Park, the project would bring to the area 802 residential units…Read More »