Queens Mixed Use

Emerald Creek Capital Provides $15 Million Bridge Loan for Mixed-Use Building in Queens

by Julia Sanders

New York City — Emerald Creek Capital has provided a $15 million first mortgage bridge loan for a 300,000-square-foot mixed-use building located in Queens. The property includes 22 floors of hotel space, 10 levels of medical office space and 50,000 square feet of retail and event space. The building also features 300 below-grade parking spaces. Dean Wang of Emerald Creek Capital originated the financing on behalf of the borrower, Fleet Financial Group.

You may also like