Emerald Creek Capital Delivers Commercial Bridge Loan in Downtown Manhattan
On June 10th 2014, Emerald Creek Capital issued a 6-month $7,250,000 commercial bridge loan to a prominent real estate investor for the purchase of a 15,000 SF retail ground floor unit located on in Tribeca, Manhattan. The borrower plans to secure a triple net lease for the space. The subject property incorporates a 1,400 SF mezzanine […]
Commercial Bridge Loans for Fast Moving Opportunities
You’ve found a great opportunity for a commercial real estate investment but with conventional financing taking up to six months in today’s tight credit markets, a short-term bridge loan is an attractive alternative for the senior mortgage piece of your capital stack. In this past quarter, we have closed commercial bridge loans in as little […]