$9.6 Million Loan Secured By Israel Discount Bank For Development Site In Flushing

The asset involved in this transaction is a development site located at 144-32 Northern Boulevard in Flushing. The loan amount secured for this acquisition is $9,600,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $9,600,000
• Lender: Israel Discount Bank
• Landlord's Representative: Morris Betesh, Omar Ferreira, Jacob Petrovic & Jonah Schultz - Arrow Real Estate Advisors

The key individuals facilitating this deal include Morris Betesh, Omar Ferreira, Jacob Petrovic, and Jonah Schultz, who represent the landlord through Arrow Real Estate Advisors. They collectively manage the acquisition process with the lender, Israel Discount Bank, for this property.