JLL Capital Markets arranged the debt and equity capitalization for The Italic, a to-be-built, 363-unit property in Long Island City, Queens, New York

NEW YORK, May 4, 2023 /PRNewswire/ -- JLL's Capital Markets group announced today that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at of 26-32 Jackson Ave. in Long Island City. The property will include 283,000 square feet of residential space and 10,000 square feet of commercial retail space.