Cushman & Wakefield Arranges $13.4M Bridge Loan for Development Site in Queens

by David Cohen

NEW YORK CITY — Cushman & Wakefield has arranged a $13.4 million bridge loan for two adjacent development sites in the Jamaica neighborhood of Queens. Located at 89-25 and 89-26 162nd St., the sites total approximately 237,000 square feet. Preston Flammang, Jessica Ke and Anthony D’Amelio of Cushman and Wakefield represented the borrower, Great Atlantic Construction, in the transaction. The lender was Lightstone Capital Markets. Terms of the financing were not disclosed. 

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