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LIC Multifamily Tower Secures $111M Bridge Loan from PGIM

American Lions, a joint venture between Fetner Properties and Lions Group, secured a $111-million bridge loan for The Bold, a 28-story, 164-unit multifamily tower located at 27-01 Jackson Ave. in Long

Summary

American Lions, a joint venture between Fetner Properties and Lions Group, secured a $111-million bridge loan for The Bold, a 28-story, 164-unit multifamily tower located at 27-01 Jackson Ave.

in Long Island City.

The financing, provided by PGIM Real Estate, was arranged by JLL Capital Markets. The JLL Capital Markets team representing the borrower was led by senior managing director...

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