New York CityNew York City

Non-Performing Note Purchase – Brooklyn – 48 Hour Closing

Brick Capital Group LLC, through an affiliate entity, has purchased  another non-performing Mortgage and Note.   Located in the  Bushwick section of  Brooklyn, the collateral is comprised of  a 4 story walk-up apartment building with five residential units.  The loan was purchased from a savings bank and the sale closed within 48 hours of  the accepted offer. Philip Ragone, of Brick Capital, arranged the purchase.