Eastern Consolidated Secures $108M for NYC Condo Project

XIN Development’s seven-story building in Hell’s Kitchen will include 82 residential condominium units, as well as lower-level and ground-floor retail.
615 10th Ave., rendering
615 10th Ave., rendering

New York—Eastern Consolidated’s Capital Advisory Division has recently secured a construction loan in the amount of $108 million on behalf of XIN Development International Inc., for the development of a seven-story, 82-unit residential condominium project. The building, which will be located in Manhattan’s Hell’s Kitchen, will include a retail component.

Adam Hakim, managing director, and James Murad, director of Eastern Consolidated, arranged the financing with the lender, Bank of the Ozarks…

Eastern Consolidated Secures $108M for NYC Condo Project

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