New York CityNew York City

Purchase of Non-Performing Mortgage and Note – Upper Eastside Apartment Building

Brick Realty Capital LLC, through an affiliate entity, recently completed the purchase of another non-performing Mortgage and Note. Located in the upper eastside of Manhattan, the collateral consists of a corner 4 story walk-up apartment building comprised of 6 apartments and 2 retail stores. According to Eric C. Roth, a Managing Partner, due diligence and the closing of the purchase of the note and mortgage was completed awithin 7 days.