SCA Drops $82M for Future Public School Site in Flushing
SCA bought 137-31 45th Avenue for $81.85 million from a group of three companies tied to Eastone Equities and Chinese investor Xuan Cheng.
Source: commercialobserver.com
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Invictus funds $89M construction loan for TOD | Real Estate Weekly
NYC based real estate private equity company Invictus Real Estate Partners has originated an $89.5 million construction loan for the next phase of the Harrison Yards mixed use development in New jersey. Cole Schotz P.C. announced it represented Invictus in connection with its origination of the construction and bridge loan to Eastone Equities LLC. The proceeds will be used for the development of two projects located within the luxury mixed-use Harrison Yards at 600 Rodgers Boulevard South, 700 Rodgers Boulevard South and 600 South Fifth Street. Phase I includes a mixed-use building consistin...
Source: rew-online.com