Loan Highlights

  • Location: New York, NY
  • Product Type: Mixed Use
  • Loan Amount: $23,500,000

Description

Multifamily & Retail

Revere Capital funded a $23,500,000 loan secured by a multifamily and retail property in New York City.

  • Loan proceeds were used to refinance senior debt, pay down a portion of mezzanine debt and complete property renovations
  • Multifamily and retail units are subject to long term leases in place at closing
  • Sponsorship is an experienced local multifamily owner and operator