In October of 2013, Emerald Creek Capital provided a one-year $1,300,000 loan secured by two residential and three commercial condominium units totaling 9,556 SF of net sellable Square Footage. The building is located in the Navy Yards section of Brooklyn, NY. Emerald Creek’s bridge loan fulfilled the borrower’s needs to refinance an existing mortgage on the five condominium units.
For more information, please contact:
Jeff Seidler, Managing Director