Back to Funded Short-Term Bridge Loans

Short-Term Bridge Loan in Bronx, New York


The Sponsor needed a bridge loan to refinance out of their current debt and payoff ECB/DOB violations.


Verus Commercial Real Estate Finance issued a 12-month bridge loan with proceeds to be utilized to payoff building violations and refinance the existing first mortgage.

  • Location: Bronx, New York
  • Property Type: Mixed-Use Property
  • Loan Type: First Mortgage
  • Loan Program: Short-Term Bridge Loan
  • Amount: 3,500,000

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