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25-01 Queens Plaza North
FINANCED

Meridian Capital Secures $265M Construction Loan In Long Island City

25-01 Queens Plaza North

MultiFamily
1 SF
clock iconFinanced 68 days ago
Omar Ferreira
Morris Betesh
Brandon Serota
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Summary

Loan
NEW YORK
MultiFamily
1 sqft

The multifamily property in Long Island City, comprising 6,920 square feet and 417 units, was involved in a recent transaction. The loan amount secured for this property was $265,000,000, with the loan type identified as construction.

Summary of transaction details:

The transaction was facilitated by the brokers Morris Betesh, Brandon Serota, and Omar Ferreira from Meridian Capital Group. They played a crucial role in securing the construction loan for the multifamily property in Long Island City.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Omar Ferreira's profile picture
Omar Ferreira
Meridian Capital Group-image
Vice President
Morris Betesh's profile picture
$754.4M Sold
Brandon Serota's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Brandon Serota, Morris Betesh & Omar Ferreira DATE: 04/26/2024 MARKET: Long Island City ASSET TYPE: Multifamily ~ SF: 6,920 ~ UNITS: 417 BROKERS: Morris Betesh, Brandon Serota & Omar Ferreira - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $265,000,000 LOAN TYPE: Construction

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