Private Financing

Bronx & Brooklyn Portfolio

$925,000

Description

ERG Commercial Real Estate is proud to announce the recent loan closing of a Bronx and Brooklyn Portfolio. Our team  operated as the deal originator and advisor on the $925,000 partnership buyout. The underlying assets of the portfolio included several parcels of land with development potential in addition to a strip of retail stores. The financing was structured so that both partners were able to benefit from the 1-year loan. In the midst of the COVID-19 uncertainty, ERG was able to provide a reliable and efficient closing.

Location

AddressBronx & Brooklyn Portfolio
City Brooklyn
Zip/Postal Code
Country United States
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