$7,000,000

Bridge Loan

Brooklyn Heights

$7,000,000 Bridge Loan to facilitate the acquisition of a full-floor office condominium in a 14-story, 296,555 square foot office building on Montague Street in Brooklyn Heights, NY. The borrower is an experienced owner of commercial real estate who also owns eight other commercial condo units in the building. He plans to renovate and sell three of the full floor units, and then refinance our bridge loan with a bank.