New York CityNew York City

$2,400,000 First Mortgage – Queens Commercial Building

Brick Capital Partners LLC, through an affiliate entity, provided a first mortgage in the amount of $2,400,000 to a private real estate owner.  Located in the Richmond Hills section of  Queens,  the collateral is comprised of one story commercial building that is leased to the Depaerment of Education.   The loan proceeds were used to consolidate debt on the borrower’s several businesses.