ERG Commercial brokers $7.5m loan for Skyland Management

ERG Commercial brokers $7.5m loan for Skyland Management

Manhattan, NY ERG Commercial Real Estate brokered a $7.5 million bridge loan to allow the borrower, Skyland Management, to refinance existing debt on three adjoining vacant lots.

The consecutive lots, 120-124 Lexington Ave., totaling 4,647 s/f, on the corner of East 28th St. and Lexington Ave. in the Kips Bay neighborhood…

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