Eight West, a subsidiary of The Hakimian Organization, has secured a $175 million construction take-out loan from Apollo and Lionheart Strategic Management for its latest development project, SOLA. Located at 72-01 Queens Blvd. in Woodside, this 12-story mixed-use residential building will feature 364 units.
The financing for Eight West was arranged by Newmark’s team consisting of Jordan Roeschlaub, Nick Scribani, Peter Griesinger and Max Ralby. MNS Real Estate is currently handling the leasing process for SOLA which offers studio to three-bedroom apartments ranging from 350 to 1,200 square feet with private terraces available in select units. Rent prices start at $3,050 per month and go up to over $5
