F&T Group Secures $57.1M Refinance Loan From JPMorgan Chase & Barclays For Flushing Commercial Condo

F&T Group, represented by Sunny Chiu, secured a refinancing loan worth $57.1 million from JPMorgan Chase and Barclays, facilitated by QC Flushing LLC. The loan covers 17 commercial condo units, including the property at 38-21 Main Street in Flushing, Queens, with a total built space of 210,748 square feet.

Summary of transaction details

• Property Type: Commercial Condo
• Transaction Amount: $57,100,000
• Lender: JPMorgan Chase & Barclays - Jennifer R. Lewin & Adam Scotto
• Landlord: F&T Group - Sunny Chiu
• Market: Flushing, Queens
• Date: 05/05/2023

QC Flushing LLC facilitated the refinancing loan for F&T Group, with Sunny Chiu representing the landlord. JPMorgan Chase and Barclays served as the lenders for this transaction, providing a loan amount of $57.1 million. The property at 38-21 Main Street in Flushing, Queens, is part of a portfolio of 17 commercial condo units covered by the loan, with a total area of 210,748 square feet.