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Long Island City Construction Financing: $36.2M for 41 Condos
Winspire Development secured a $36.2 million BridgeCity Capital construction loan for 41 planned condominiums at 10-56 46th Road in Long Island City. ARCFE considers the financing alongside reported completed sales at a separate Winspire development in the neighborhood.
ARCFE U.S.
12 hours ago2 min read
Invesco Sees Selective New York Metro Real Estate Opportunities
Invesco Real Estate sees selective New York metro real estate opportunities in markets supported by strong rental demand, limited new supply and assets capable of producing sustainable income. The view was outlined by Chase Bolding, Invesco Real Estate’s Head of North America Real Estate and Chief Investment Officer, in a recent Commercial Observer interview. Invesco Real Estate is described as an approximately $90 billion global real estate platform, while Bolding manages se
ARCFE U.S.
Aug 104 min read
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