$2,000,000 First Mortgage Bridge Loan - East Houston Street, New York
Term: 1 year
W Financial successfully closed a $2 million first mortgage bridge loan primarily collateralized by 2 contiguous development sites on East Houston Street in the East Village. Additional collateral is provided by an East Side condominium, a waterfront home in Long Island and a three-family investment property jointly owned by the pricipals and three personal guarantors.
W Financial successfully closed a $2 million first mortgage bridge loan primarily collateralized by 2 contiguous development sites on East Houston Street in the East Village. Additional collateral is provided by an East Side condominium, a waterfront home in Long Island and a three-family investment property jointly owned by the pricipals and three personal guarantors. 
