$2,500,000

Bridge Loan

Staten Island, NY

W’s Leasehold mortgage financing facilitated the acquisition of an adjoining land parcel needed to satisfy the subjects parking requirements. W closed with the TCO in place allowing the borrower to obtain his final signoffs and get the final C of O. As planned, shortly thereafter the borrower was able to replace our bridge loan with permanent financing.

Well-located property with 30-year NNN lease.