Short-Term Bridge Loan in New Rochelle, NY

Need

The Sponsor was looking for a Bridge refinance on a portfolio of 4 properties located in New Rochelle, NY. The properties were a combination of mixed use multifamily/retail, restaurant and land.

Solution

Verus Commercial Real Estate Finance provided a 12-month Bridge loan across the entire portfolio.

Location: New Rochelle, NY
Property Type: Mixed-Use, Retail and Land
Loan Type: Acquisition
Loan Program: Short-Term Bridge Loan
Amount: $2,650,000

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