$1,950,000

Bridge Loan

Greenwich Village, NYC

W Financial Fund has provided a $1,950,000 first mortgage bridge loan to facilitate the off-market acquisition of a multifamily townhouse on West 11th Street in Manhattan’s highly desirable West Village neighborhood. Our Borrower is adept at searching for, and finding, excellent properties they acquire at a considerable discount to their true market value. In this case they will now market the property to the highest and best user: a developer or end user who will gut-renovate and convert it to a single-family home.