ACRES Capital Corp. has funded a $29.75 million loan to fund the construction of Fieldstone at Commack, NY
JULY 17, 2025ACRES Capital Corp. has funded a $29.75 million loan to fund the construction of Fieldstone at Commack II, a 3-story 55+/active adult multifamily building, consisting of 98 residential units and on-site surface parking for 148 vehicles, located in Commack, NY.
This Property consists of:
• 49 one bedroom/one bathroom and 49 – two bedroom/2 bathroom units
• Steel appliances, quartz countertops and designer cabinetry, air conditioning (PTAC units), vinyl plank flooring in living areas and tiles bathrooms
• on-site leasing and management office, separate community space
• A fitness center shared with adjacent property,
• Indoor and outdoor lounge areas,
• Outdoor swimming pool shared with adjacent property,
• Café and private dining room,
• Electric car charging station,
• Clubhouse
• Onsite parking,
• Mail room
• Patio with BBQ area
• Dog park.
