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$2,850,000 Second Mortgage – Tribeca Mixed use Building

Brick Realty Capital LLC, through an affiliate entity, has funded a second mortgage in the amount of $2,850,000.00 to a local real estate investor.  The collateral, located in Tribeca, is comprised of a five story mixed use building comprised of retail, residential and office tenants. The interest only loan is for a two year term.  Jason Au, Director of Finance of Brick Capital Group, arranged the financing for this transaction.