Janet Place

Janet Place

Location:

New York

Location:

New York

Year:

2021 - Closed by the principals of ArrowREA

Year:

2021 - Closed by the principals of ArrowREA

Type:

Land

Type:

Land

Tall modern skyscraper with vertical lines, viewed against a clear blue sky.

Project Overview

Project Overview

Project Overview

Location

Queens

Location

Queens

Loan Amount

$58,000,000

Loan Amount

$58,000,000

Asset Type

Land

Asset Type

Land

Transaction Challenges:

» Massive site with no real comps in the submarket » Time-of-the-essence acquisition financing » Tight lending environment for land loans

Transaction Challenges:

» Massive site with no real comps in the submarket » Time-of-the-essence acquisition financing » Tight lending environment for land loans

ArrowREA Solution:

» Our team quickly demonstrated the strong basis at which the client was acquiring the site to prospective lenders. Our team was able to procure financing from a new market entrant and facilitated a quick closing.

ArrowREA Solution:

» Our team quickly demonstrated the strong basis at which the client was acquiring the site to prospective lenders. Our team was able to procure financing from a new market entrant and facilitated a quick closing.

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.