New York CityNew York City

$10,000,000 First Mortgage – NYC Boutique Hotel

Brick Capital Partners LLC, through an affiliate entity, funded a first mortgage in the amount of $10,000,000 to a private real estate investor.  Located in Manhattan’s lower east side.  the collateral is comprised of a nine story Boutique Hotel that is net leased to a seasoned hotel operator.  The interest only loan is for a 2 year term and was closed within two weeks of application.