Recent Transactions

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September 2023

$3,750,000 – Miami, FL (Coconut Grove)

In September of 2023, Emerald Creek Capital provided a $3,750,000 acquisition loan in the Coconut Grove neighborhood of Miami, FL. The loan is secured by a 6-unit multifamily building with 9,612 square feet of net rentable area. The subject property contains 33,784 square feet of buildable area, offering significant value-add potential upon redevelopment. Located along Biscayne Bay, Coconut Grove is a historic neighborhood known for its laid-back and bohemian atmosphere, lush vegetation, and diverse cultural scene. The upscale community is home to various boutiques, open-air markets, restaurants, marinas, and sailing clubs. The subject property is located in close proximity to Interstate 95, Route 9, and Route 976.

 

For more information, please contact:

Mike Cleaver, Managing Director
(212) 239-6845
mcleaver@emeraldcreekcapital.com

 

Check out our interactive map for a comprehensive look at our nationwide lending activity.

September 2023

$34,000,000 – Philadelphia, PA (Walnut Hill)

In September of 2023, Emerald Creek Capital provided a $34,000,000 bridge loan in the Walnut Hill neighborhood of Philadelphia, PA. The loan is secured by a newly constructed 150-unit Class A apartment building with 101,008 square feet of net rentable area. Ranging from studios to two-bedrooms, the units have high-end features and finishes and benefit from an array of amenities. Walnut Hill is a historic and charming neighborhood nearby to several educational institutions, including the University of Pennsylvania and Drexel University. Residents enjoy access to cultural attractions, parks, and public transportation, making it a desirable place to live for students, professionals, and families alike. The subject property is accessible by the Market-Frankfurt subway line and is in close proximity to Philadelphia’s main transit hub, 30th Street Station.

For more information, please contact:

Mike Cleaver, Managing Director
(212) 239-6845
mcleaver@emeraldcreekcapital.com

 

Check out our interactive map for a comprehensive look at our nationwide lending activity.

August 2023

$2,650,000 – Brooklyn, NY (Stuyvesant Heights)

In August of 2023, Emerald Creek Capital provided a $2,650,000 acquisition loan in the Stuyvesant Heights neighborhood of Brooklyn, NY. The loan is secured by a four-story, 6,000 square-foot multifamily building with one two-bedroom unit and three three-bedroom units. The subject property sits on a prime corner in Stuyvesant Heights, a lively neighborhood known for its beautiful brownstone architecture and variety of cafes, shops, restaurants, and parks. The subject property is accessible by the A and C subway lines, and the Long Island Railroad at Nostrand Avenue.

For more information, please contact:

Matt Fantuzzi, Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com

 

Check out our interactive map for a comprehensive look at our nationwide lending activity.

 

August 2023

$2,600,000 – Brooklyn, NY (Crown Heights)

In August of 2023, Emerald Creek Capital provided a $2,600,000 acquisition loan in the Crown Heights neighborhood of Brooklyn, NY. The loan is secured by a four-story, 4,860-square-foot multifamily building containing 4 units. Crown Heights is a neighborhood in the heart of Brooklyn known for its rich history, cultural diversity, and lively atmosphere. Characterized by tree-lined streets and brownstones, Crown Heights is home to local shops and restaurants, and notable attractions including the Brooklyn Museum and Brooklyn Botanic Garden. The subject property is one block from the S train and in close proximity to the 2, 3, 4, and 5 trains.

 

For more information, please contact:

Matt Fantuzzi, Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com

 

Check out our interactive map for a comprehensive look at our nationwide lending activity.

August 2023

$4,300,000 – New York, NY & Brooklyn, NY

In August of 2023, Emerald Creek Capital provided a $4,300,000 bridge loan for the acquisition of two commercial properties in New York, NY and Brooklyn, NY. One of the properties is a mixed-use building located in the East Village neighborhood of Manhattan, and the other is a multifamily building in Brooklyn Heights. The combined building area is 7,255 square feet. The East Village and Brooklyn Heights are both greatly sought-after and vibrant neighborhoods, providing a diverse array of dining, shopping, and entertainment options. Both subject properties are conveniently located in close proximity to multiple subway and bus lines.

 

For more information, please contact:

Dean Wang, Senior Vice President
(646) 561-4750
dwang@emeraldcreekcapital.com

 

Check out our interactive map for a comprehensive look at our nationwide lending activity.

July 2023

$2,500,000 – New York, NY & Brooklyn, NY

In July of 2023, Emerald Creek Capital provided a $2,500,000 acquisition loan secured by two commercial properties in New York, NY and Brooklyn, NY. One of the properties is located in the East Village neighborhood of Manhattan, and the other in Brooklyn’s Boreum Hill. The East Village and Boerum Hill are both highly desirable and popular residential areas, also offering a variety of restaurants, shops, and entertainment venues. Both subject properties are easily accessible by multiple transportation options.

 

For more information, please contact:

Dean Wang, Senior Vice President
(646) 561-4750
dwang@emeraldcreekcapital.com

 

Check out our interactive map for a comprehensive look at our nationwide lending activity.

June 2023

$3,840,000 – Jersey City, NJ (Paulus Hook)

In June of 2023, Emerald Creek Capital provided a $3,840,000 acquisition loan in the Paulus Hook neighborhood of Jersey City, NJ. The loan is secured by a two-story, 13,686-square-foot mixed-use property situated on a .34-acre corner lot. The site has approximately 8,000 square feet of excess area with plans for new residential development. Paulus Hook is a desirable historic district within Jersey City characterized by its tree-lined streets and charming brownstones. Walking distance to the Hudson River Waterfront and Downtown Jersey City, the neighborhood boasts a variety of shops, restaurants, and attractions. The larger Jersey City area is an increasingly popular residential and business district due to its location directly across the river from Manhattan. The subject property is easily accessible by the PATH train, Hudson-Bergen Light Rail, and multiple ferries.

 

For more information, please contact:

Matt Fantuzzi, Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com

 

Check out our interactive map for a comprehensive look at our nationwide lending activity.

June 2023

$51,000,000 – New York, NY (Financial District)

In June of 2023, Emerald Creek Capital provided a $51,000,000 condominium inventory loan in the Financial District of New York, NY. The loan is secured by 18 residential units and 4 commercial units within a newly constructed 23-story luxury tower. With a combined saleable area of 35,646 square feet, the residential units range from 1 to 3 bedrooms plus two penthouse units which are 4 and 5 bedrooms. The residences feature floor-to-ceiling windows, and high-end finishes and fixtures. Building amenities include a 24-hour doorman, indoor/outdoor fitness center, lounge and entertaining areas, co-working spaces, and a rooftop garden with panoramic views of Lower Manhattan. The commercial units include one 3,652-square-foot retail space on the ground floor and three full-floor offices with a combined area of 12,969 square feet. The subject property has a prominent location adjacent to City Hall Park, and is accessible by the 4, 5, 6, 2, 3, A, C, J and Z trains.

 

For more information, please contact:

Matt Fantuzzi, Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com

 

Check out our interactive map for a comprehensive look at our nationwide lending activity.

April 2023

$2,000,000 – Brookyn, NY (Bay Ridge)

In April of 2023, Emerald Creek Capital provided a $2,000,000 bridge loan in the Bay Ridge neighborhood of Brooklyn, NY. The loan is secured by a three-story medical office building with 18,600 square feet of net rentable area, which includes a finished lower level. The building features a third-floor outdoor terrace, two professional kitchens, an auditorium, and a 2,700-square-foot garage. Bay Ridge is a diverse neighborhood known for its tree-lined streets, historic architecture, waterfront parks, and bustling commercial district with many restaurants, cafes, and shops. The subject property is adjacent to the Bay Ridge Brooklyn NYU Langone Outpatient Medical Center and proximate to Brooklyn Veterans Hospital, New York Methodist Hospital, NYU Langone, and the Maimonides Medical Center. The location is served by the R train, Interstate 278, and various bus lines, making it easily accessible to other parts of Brooklyn and Manhattan.

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