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EMP Capital Signs $86.5M Astoria Construction Financing for 198 Homes
EMP Capital secured $86.5 million in construction financing from QuadReal for two 99-unit Astoria residential projects, adding another institutional-capital commitment to Queens housing development.
ARCFE U.S.
Sep 243 min read
Wells Fargo Provides $175M in Astoria Construction Financing
The Domain Companies has secured $175 million in Astoria construction financing from Wells Fargo for a major mixed-income development on 41st Street in Queens. According to Commercial Observer, Wells Fargo is providing the construction debt, while Domain is contributing equity alongside Canyon Partners Real Estate and BLDG Management. JLL Capital Markets arranged the financing transaction. The financing supports a two-building development totaling 429 apartments, including 10
ARCFE U.S.
Aug 173 min read
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