In July of 2013, Emerald Creek Capital provided a two-year $4,000,000 commercial bridge loan in the prestigious Lenox Hill neighborhood of Manhattan, NY just steps from Central Park. The 11,243 SF four-story mixed use building is comprised of below grade medical space and five residential units. With an upcoming financial commitment, the sponsor required capital quickly. Emerald Creek Capital provided the loan in seven business days at an interest rate of 8%.
For more information, please contact:
Jeff Seidler, Managing Director