Upper East Side, Manhattan
W Financial has provided two bridge loans totaling $8,700,000 secured by a townhouse on Manhattan’s Upper East Side and by a two-family house located in Clinton Hill, Brooklyn. The borrower needed to refinance quickly with certainty of execution. W Financial closed the loan in three days.
The borrower expects to repay the bridge loan upon the sale of one of the properties or the refinance of the other. Jarret Schochet, Andrew Singer, T.J. Randall and David Heiden handled the loan on behalf of W.
Please contact the undersigned for more information on this financing, or to discuss your next bridge loan requirement.