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Short-Term Bridge Loan in Staten Island, NY


The Sponsor was looking for a Bridge Loan to acquire a 18,528-sf vacant office building in Staten Island, NY. The Sponsor was seeking to complete minor improvements to fully lease up the property.


Verus Commercial Real Estate Finance was able to issue a 12-month bridge loan and include proceeds for the acquisition as well as capital and tenant improvements.

  • Location: Staten Island, NY
  • Property Type: Office Building
  • Loan Type: Acquisition
  • Loan Program: Short-Term Bridge Loan
  • Amount: $1,865,000

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