Apr 25, 2025
LIC Adaptive Reuse Scores $125M Construction Loan
Arrow Real Estate Advisors secured a $125-million construction loan from iCross Capital on behalf of Z.D. Jasper Realty for luxury residential condominiums at 45-40 Vernon Blvd. in Long Island City, Queens. The financing was secured by Arrow founder and managing partner Morris Betesh, SVP Omar Ferreira and associate Jacob Petrovic.