Bridge loan for 6 unit rent stabilized apartment building in Brooklyn.
Purchase financing of Commercial property. Closed at 4.5%, not fully leased, requiring improvements. Funded "as is" at 4.5%, buyer to finalize improvements and leasing post-closing.
PURCHASE OF OWNER-OCCUPIED COMMERCIAL
BRIDGE MIX-USE FORECLOSURE BAIL-OUT
BRIDGE LOAN
CONVENTIONAL MULTI-FAMILY REFINANCE 3.75%
BRIDGE LOAN
Refinance 16 unit building, taking borrower out of bridge loan, worked through and resolved several rent registration and violations challenges. Closed at conventional mortgage rate.
Real Estate & Business Financing
Foreclosure bailout of $3,200,000 loan amount. Many challenges overcome to close on properties which require construction to complete residential units and a vacant commercial unit.
CONVENTIONAL LOW RATE
CONSTRUCTION LOAN WITH CASH-OUT
CONVENTIONAL LOW RATE
Bridge loan to complete construction and allow time for the leasing of a mix-use building in Brooklyn.
Cash out refinance of two mixed use properties, $1,000,000 loan amount, conventional mortgage, interest rate: 4.625%
MULTI-FAMILY CONVENTIONAL PAYING OFF A BRIDGE LOAN
Refinance of 5 unit mixed-use building, fully leased, bridge loan part of a blanket mortgage.
PURCH/REHAB LOAN AT 4.125%
PURCHASE WAREHOUSE
RECENTLY CLOSED TRANSACTIONS
Bridge financing, foreclosure bailout, retail space to be leased and to be refinanced as a conventional mortgage after property was stabilized.
Construction financing and cash out. Borrower to complete construction of 6 unit apartment building, also cash out permitted for other business use. Loan amount $2,100,000.
Bridge loan arranged for commercial strip in Brooklyn, environmental remediation required - then will refinanced to conventional mortgage.
CONVENTIONAL LOW RATE
Refinance of 16 apartment building, conventional-hybrid, lite-doc loan program, 5 year fixed, 30 year term.
BRIDGE LOAN
LITE-DOC LOAN PROGRAM
CONVENTIONAL LOW RATE
Refinance of 6 unit apartment building, fully leased, cash-out, closed in 4%'s.
Refinance of 8 unit apartment building, fully leased, rate and term, closed at 3.75% 5-year fixed 30 year amortization.
FORECLOSURE BAILOUT
CONSTRUCTION BRIDGE LOAN
Refinance of 6 unit apartment building, cash-out conventional mortgage,
closed in 3%'s.
Bridge Loan Warehouse Acquisition loan blanketing additional property for the purchase of a warehouse, $10,250,000 bridge loan.
Refinance of 8 apartment building, low interest rate for self-liquidating mortgage. Closed at 3.75%, 5-year fixed, 30 year amortization.
Refinance of 8 apartment building, fully leased, cash-out, mortgage closed in 3%'s.
CONVENTIONAL CASH-OUT
PURCHASE & REHAB
Mix-use property, closed at conventional rate of 4.125%, not fully leased, requiring major improvements. Funded "as is" at 4.125%, buyer to finalize improvements and leasing post-closing.