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.

Rockrose has secured $115 million in Fannie Mae-backed refinancing for the 301-unit Eagle Lofts Collection Phase 2 in Long Island City. The transaction provides another example of institutional capital supporting newly delivered residential assets in LIC after construction is complete.

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

World Wide Group and Rabina have secured a massive $160 million refinancing package for QLIC, a 53-story luxury rental tower in Long Island City, Queens. The loan was provided by Wells Fargo and signals strong institutional confidence in the Long Island City rental market. The 795-unit tower at 29-22 Northern Boulevard stands as one of the tallest residential buildings in Queens. QLIC features a full suite of premium amenities including a rooftop pool, fitness center, coworki