Latest Transaction


Location

Brooklyn, NY

Property Type

4-Unit Condo Building

Loan Type

Renovation

Amount

$2,500,000

Need: The Sponsor was seeking a Bridge loan to provide proceeds towards the renovation of a Brooklyn brownstone into a 2-unit condominium property.

Solution: Verus Commercial Real Estate Finance was able to issue a 12-month bridge loan which included proceeds to complete the renovation of the property.

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