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NewsJun 30, 20260 views

BridgeCity Lends $72M on Long Island City Apartments Build

Brooklyn-based developer Elmord Management has landed $72.3 million of acquisition and construction financing to build a multifamily development at a former industrial site in Long Island City, Queens, Commercial Observer has learned. BridgeCity Capital originated the loan for the developer’s planne

Source: Commercial Observer

Brooklyn-based developer Elmord Management has landed $72.3 million of acquisition and construction financing to build a multifamily development at a former industrial site in Long Island City, Queens, Commercial Observer has learned. BridgeCity Capital originated the loan for the developer’s planned 161-unit project at 44-68 Vernon Boulevard in Hunters Point. Elmord acquired the property for […]

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