In September 2015, Emerald Creek Capital provided a $2,500,000 bridge loan secured by a penthouse Condominium unit and a townhouse in Manhattan, NY. Located in Chelsea, the subject duplex penthouse is 1,906 SF. The Central Harlem townhouse is a single-family residence totaling 3,985 SF of living area. The loan was structured as a cash-out refinance of the penthouse condominium and acquisition loan for the townhouse.
For more information, please contact:
Mike Cleaver, Director