Phone: (212) 684-2283 x111
Fax: (212) 532-1222
149 Madison Avenue
New York, NY 10016 info@w-financial.com
$1,000,000 Participation in Second Mortgage Bridge Loan for Development Sites in Downtown Brooklyn
W Financial, closed a $1,000,000 participation in a second mortgage bridge loan for an exceptional development site in downtown Brooklyn for a successful, highly respected developer who had assembled 5 continguous sites off Flatbush Avenue. Having acquired the area for only $133 per buildable square foot, a 35-story, 220,000 square foot, 214-unit condominium tower will be erected, offering tenants breathtaking views of Manhattan and Brooklyn skylines.
W Financial, closed a $1,000,000 participation in a second mortgage bridge loan for an exceptional development site in downtown Brooklyn for a successful, highly respected developer who had assembled 5 continguous sites off Flatbush Avenue. Having acquired the area for only $133 per buildable square foot, a 35-story, 220,000 square foot, 214-unit condominium tower will be erected, offering tenants breathtaking views of Manhattan and Brooklyn skylines. 
