Project Overview
Project Overview
Project Overview
Location
Queens
Location
Queens
Number of Units
74 Units, 10 Stories
Number of Units
74 Units, 10 Stories
Loan Amount
$70,000,000
Loan Amount
$70,000,000
Asset Type
Residential and Retail Condominium
Asset Type
Residential and Retail Condominium
Transaction Challenges:
» Condominium inventory loan in post-COVID market » Mixed-use retail and residential mix » Area-leading high-quality development
Transaction Challenges:
» Condominium inventory loan in post-COVID market » Mixed-use retail and residential mix » Area-leading high-quality development
ArrowREA Solution:
» Our team negotiated accretive permanent financing to take out the construction loan and reduce the borrower’s costs as they finish selling the units.
ArrowREA Solution:
» Our team negotiated accretive permanent financing to take out the construction loan and reduce the borrower’s costs as they finish selling the units.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.