Jewel Capital Arranges $1.8 Million in Bridge Financing for the Acquisition of a Residential Develop
Jewel Capital, New York’s most active market challenger, negotiated $1.8 million in bridge financing for the acquisition of an R-5 zoning development site in Queens, NY on behalf of a group of Asian investors. The 6-month loan, provided by a renowned platform for crowdfunding real-estate development, features an interest of 9% per annum and 6-month extension option. This transaction was negotiated by Samuel Li, the founder, and CEO of Jewel Capital. The property is a 14,453 S
