ACRES Capital Corp. has secured a $96 million first mortgage construction loan to finance the development of 70 Westchester, a Class A mid/high-rise multifamily property in White Plains, New York.
This property consists of:
• Best-in-class apartment finishes and amenities
• Outdoor pool
• Private dining room,
• E‑sports lounge
• Fitness center
• Dog park
• Rooftop lounge
• Co-working space
• EV parking.
Unit interiors will include:
• Full appliance packages
• Quartz countertops
• High-quality kitchen and bath finishes.
• The “L”‑shaped structure will feature a 4-story wing and a 10-story wing above a cast-in-place concrete parking deck, with construction targeting completion in Fall 2027.
Loan Amount
Loan Product