Monday, 8 April 2019

Shibber Khan locks down $79M refi at new LIC apartment building

Shibber Khan’s Criterion Group refinanced one of its new apartment complexes in Long Island City. New York Community Bank provided about $79.4 million to the Queens-based developer for its 194-unit Hunters Landing property at 11-35 49th Avenue, according to property records filed Monday. The deal includes a roughly $23.3 million gap mortgage. Criterion and NYCB did not immediately return messages seeking comment. Criterion filed plans in 2015 to construct the 12-story complex, located a couple […]



source https://therealdeal.com/2019/04/08/shibber-khan-locks-down-79m-refi-at-new-lic-apartment-building/

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