Arrow Secures Acquisition Loan for LIC Development Site

Arrow Real Estate Advisors arranged $9.0 million in acquisition financing for a development site located at 10-38 45th Rd. in Long Island City. The financing was secured on behalf of Century Development Group through MidFirst Bank. Founder and managing partner Morris Betesh, SVP Omar Ferreira, associate Jacob Petrovic and analyst Jonah Schultz arranged the bank...