Description

ERG Commercial Real Estate is proud to announce the closing of a acquisition loan on 60 Terry Road in Smithtown, NY.

ERG facilitated an $1,900,000 acquisition loan of a neighborhood retail strip. The purchaser was on a hard TOE deadline and needed financing to be expedited. ERG found a lender willing to accommodate the borrowers need and was able to secure a loan commitment in 30 days and close shortly thereafter.