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Purchase of Non-Performing Mortgage and Note – Upper East Side of Manhattan

Brick Realty Capital LLC, through an affiliate entity, has purchased another non-performing Mortgage and Note.   Located in the upper east side of  Manhattan, the collateral is comprised of a  5 story walk-up apartment building that contains  9 residential apartments and 1 retail store.   This is Brick’s 17th purchase of a non-performing mortgage and note in 2011.