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Financing For Midtown Commercial Co-Op

Brick Realty Capital LLC, through an affiliate entity, is pleased to report another  successful loan origination.  The collateral is comprised of a 6,000 square foot commercial co-op located on West 35th Street in Manhattan.   According to Eric C. Roth, a Managing Partner, “ it has been a very busy summer for us and we finished the 3rd quarter with a flurry of activity.  Some highlights include the purchase of four non-performing mortgages and notes, financed a construction project in Harlem, originated three  new mortgages, committed to funding a preferred equity placement and refinanced  this commercial co-op.   Simply put, we understand value and can quickly adapt to whatever lending opportunities come our way.”