
Scale Lending Provides $56M in Construction Financing for development of Cactus Holdings LIC Propert
As reported by Commercial Observer's Cathy Cunningham, JMH Development and Mettle Property Group have secured $56 million in construction financing to for the development of a 143-unit building in Long Island City, Queens. "Scale Lending—the financing arm of Slate Property Group—provided the three-year debt in a deal arranged by Newmark Knight Frank’s Jordan Roeschlaub, Dustin Stolly, Daniel Fromm and Josh Egert. Jason Halpern’s JMH Development teamed up with Gerard Longo’s M