$3,300,000

Bridge Loan

$3.3 million bridge loan in TriBeCa

W Financial has provided a $3,300,000 bridge loan collateralized by a luxury condominium unit located on Park Place between Church Street and Broadway in the TriBeCa neighborhood of Manhattan. The loan was utilized to provide the borrower with liquidity for another investment. The borrower plans to repay the bridge loan either through a refinancing or by the sale of the condominium unit.