Nir Mor Of Hanover Capital NY Provides $5 Million Bridge Loan For Greenpoint Condo Inventory

The property asset involved is a condo inventory located in Greenpoint, Brooklyn, with a square footage of 7,800. The loan amount for this property is set at $5,000,000, and it is categorized as a bridge loan.

Summary of transaction details:

• Property Type: Condo Inventory
• Transaction Amount: $5,000,000
• Asset Size: 7,800 SF
• Lender: Nir Mor - Hanover Capital NY
• Loan Type: Bridge
• Date: 7/11/2025
• Market: Greenpoint, Brooklyn

The key individuals in this transaction include Nir Mor, who represents Hanover Capital NY as the lender for the loan agreement concerning the condo inventory. This arrangement signifies a strategic financial move within the Brooklyn real estate market.