$33,500,000

Bridge Loan

SoHo, Manhattan
Repeat Borrower

W Financial has provided a $33,500,000 first mortgage bridge loan secured by commercial property located on Spring Street in Manhattan’s SoHo neighborhood, as well as a development site located on West 46th Street in the Hell’s Kitchen neighborhood of Manhattan. The time-sensitive bridge loan was utilized to refinance an existing first mortgage as well as to provide the borrower with some liquidity for another investment.