Central Queens Properties has received $71 million in refinancing from Capital One Bank for nine of its residential buildings in the eastern part of the borough. The deal includes a new $31 million mortgage and a refinancing of $40 million in outstanding debt, according to Commercial Observer. One of the nine properties is a seven-story building at 89-21 Elmhurst Avenue in Elmhurst, which had the most 311 complaints about poor heating throughout the city last […]
source https://therealdeal.com/2018/08/30/queens-multifamily-landlord-receives-71m-refinancing-package-from-capital-one/
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