In September 2015, Emerald Creek Capital provided a $2,540,000 loan in the Park Slope neighborhood of Brooklyn, NY. The loan was secured by a to-be-completed five-story, 5,236 SF condominium building. The subject property is located just one block from the Barclays Center and enjoys access to the 2, 3, 4, 5, C, D, G, N, and R trains in addition to LIRR’s Atlantic Terminal. Emerald Creek Capital’s significant construction lending experience provided the developer confidence that the project will be completed without the red tape of a conventional loan.
For more information, please contact:
Jeff Seidler, Managing Director