Morris Betesh, Omar Ferreira & Jacob Petrovic Of Arrow Real Estate Advisors Secures $9M Acquisition Loan For Development Site In Long Island City

10-38 45th Road

$9,000,000

Building Size

—

Asset Type

Development Site

Closing

Feb 18, 2026

AI

The property involved in this transaction is a development site located at 10-38 45th Road in Long Island City. This asset is part of a market that supports substantial development opportunities, reflecting a loan amount of $9,000,000 for acquisition purposes.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $9,000,000
Market: Long Island City
Loan Type: Acquisition
Landlord's Representative: Morris Betesh, Omar Ferreira & Jacob Petrovic - Arrow Real Estate Advisors

The individuals representing the landlord in this deal are Morris Betesh, Omar Ferreira, and Jacob Petrovic, who are affiliated with Arrow Real Estate Advisors. Their involvement is crucial in facilitating the acquisition loan for the development site.

Players