New York CityNew York City

$5,400,000 First Mortgage – Brooklyn Commercial Building

Brick  Capital Partners LLC, through an affiliate entity, has funded a $5,400,000 first mortgage for the refinance of a Two Story commercial building.   Located at the corner of a major shopping hub in the Bay Ridge section of Brooklyn, the collateral is comprised of a newly redeveloped 30,000 square foot retail building.  The borrower required funding to pay-off its existing lender and to finance the completion of the renovations.   The loan was arranged by  Eric C. Roth, a Managing Partner of Brick Capital.