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LMXD, BedRock Secure $250M Loan for 560-Unit Astoria Housing Project

LMXD and BedRock Real Estate Partners have closed on a $250 million loan to facilitate the purchase and construction of a housing development in Astoria, Queens, Commercial Observer has learned. The f

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Summary

LMXD and BedRock Real Estate Partners have closed on a $250 million loan to facilitate the purchase and construction of a housing development in Astoria, Queens, Commercial Observer has learned.

The financing from New York Life Investment Management gets the wheels turning on the development of 560 mixed-income housing units at 35-10 Steinway Street, as […]

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