Crain’s New York Business Wells Fargo Bank has provided $450 million of financing against the Sven, a 958-unit apartment property in the Long Island City section of Queens, N.Y., that’s owned by the Durst Organization. The developer had been exploring a potential sale of the property, aiming for what was said to have been $800 […]

The post Wells Fargo Lends $450Mln Against Queens, N.Y., Apartments, Sale Called Off appeared first on Commercial Real Estate Direct.