Project Overview
Project Overview
Project Overview
Location
Flushing, NY
Location
Flushing, NY
Number of Units
100 Units
Number of Units
100 Units
Loan Amount
$42,250,000
Loan Amount
$42,250,000
Asset Type
Mixed-Use
Asset Type
Mixed-Use
Transaction Challenges:
» Ground lease construction financing » No warm body guarantor
Transaction Challenges:
» Ground lease construction financing » No warm body guarantor
ArrowREA Solution:
» The Arrow REA team had a number of large balance sheet lenders interested in the transaction, which drove pricing lower than our initial guidance to client. » The Arrow REA team negotiated a structure with a limited guarantee by an entity rather than a warm body individual.
ArrowREA Solution:
» The Arrow REA team had a number of large balance sheet lenders interested in the transaction, which drove pricing lower than our initial guidance to client. » The Arrow REA team negotiated a structure with a limited guarantee by an entity rather than a warm body individual.
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.