Description

ERG Commercial Real Estate is proud to announce the recent Construction loan closing for 86-15 Rockaway Blvd in Queens, NY. The proposed building will feature 20 apartments and a Community Facility space in the up and coming Queens neighborhood. ERG’s Anthony Yacovone operated as the deal originator and advisor while Matthew Murphy acted as ERG’s Financing specialist. This deal withstood several alterations in loan terms during the COVID 19 Pandemic. ERG ensured the process was as smooth as possible given the challenging market and exceeded the client’s expectations.