New York CityNew York City

$2,500,000 First Mortgage – Chelsea SRO

Brick Capital Partners LLC, through an affiliate entity, provided a first mortgage in the amount of $2,500,000 to a private real estate owner.  Located in the Chelsea section of Manhattan, the collateral is comprised of a ten unit SRO  brownstone. The loan is interest only with a 1 year term. Anthony Lekanides of Brick Capital Group LLC arranged the financing.