In March of 2018, Emerald Creek Capital provided a $7,400,000 refinance in the neighborhood of Williamsburg in Brooklyn, NY. The loan was secured by a four-story, mixed-use building containing 17 residential units and 3 commercial units. Williamsburg is a desirable residential neighborhood and an influential hub for the arts community and music scene. Recently, the area has evolved into a vibrant neighborhood of vintage boutiques, eateries, electronic music venues, and cafes. The subject property is located in close proximity to the waterfront and is easily accessible by the L and G subway lines.
For more information, please contact:
Mike Cleaver, Managing Director