Commercial Real Estate Finance

top of page

Open Projects
About ARCFE
EB-5 Program
EB-5 Projects
Project Progress
Blog

All Posts
News
ARCFE Blog
NYC Real Estate
Visa Bulletin
EB-5 Investing 101

Queens retail refinancing for fully leased Springnex Plaza secured through a $32 million Principal Financial Group loan

Principal Financial Group Provides $32M Refinancing for Fully Leased Queens Retail Center

Mattone Group Springnex LLC has secured $32 million in refinancing for Springnex Plaza, a fully leased grocery-anchored shopping center in Springfield Gardens, Queens. According to Commercial Observer, Principal Financial Group provided the debt, while Northmarq’s New York Metro Debt + Equity team arranged the transaction on behalf of the owner. Northmarq describes Springnex Plaza as a 96,028-square-foot, multi-tenant retail center situated on approximately 5.58 acres and cur

ARCFE U.S.

Aug 253 min read

ARCFE IIUSA member and I-829 Award recipient for 2020–2022, 2024 and 2025, with AIIA Proud Sponsor badge

Get in touch

28-07 Jackson Ave, 8th Floor
Long Island City NY 11101

Email: info@arcfe.com

Tel: (212) 889-5333

Whatsapp: +1 (917) 769-9974

No offer to sell any security is made by this website. The information on this web site is not an offer to sell or solicitation of an offer to buy an interest in any investment or for the provision of any investment management or advisory services. Any such offer or solicitation will be pursuant to exemptions from registration requirements set out in applicable securities laws and made only by means of delivery of a confidential private offering memorandum relating to a particular investment to qualified investors in those jurisdictions where permitted by law.

bottom of page

Principal Financial Group Provides $32M Refinancing for Fully Leased Queens Retail Center

Get in touch

28-07 Jackson Ave, 8th Floor Long Island City NY 11101

Email: info@arcfe.com

28-07 Jackson Ave, 8th Floor
Long Island City NY 11101