New York CityNew York City

Purchase of Non-Performing Mortgage and Note – Park Slope Mixed Use Building

Brick Realty Capital LLC, through an affiliate entity, completed the purchase of another non-performing Mortgage and Note.   Located in the heart of the Park Slope section of Brooklyn, the collateral consists of a 4 story corner walk-up apartment building that is comprised of 1 retail store and 4 apartments.   Due diligence and the closing of the purchase of the note was completed within an  8 day period.