Yitzchok Katz secured a $78.4 million refinancing loan from Affinius Capital for two adjacent new development projects in Long Island City, Queens. The properties include a 64-unit building at 38-38 32nd Street and a 52-unit building at 32-03 39th Avenue. The deal closed with the previous lender being G4 Capital Partners, which had provided a $72.5 million loan. The buildings are part of ongoing construction projects totaling over 92,000 square feet of residential space.
Yitzchok Katz
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