In June 2016, Emerald Creek Capital provided a $5,650,000 construction loan in the Greenpoint neighborhood of Brooklyn, NY. Located within an R6B/ C2-4 zoning district, development plans for a new five-story, mixed-use building are in place. The plans total 8,913 SF of gross building area containing 10 residential units and one commercial unit. The loan was additionally secured by two residential properties in New Jersey.
For more information, please contact:
Mike Cleaver, Managing Director