Genesis Credit LLC Provides $28.8 Million Bridge Loan For Industrial Asset In Brooklyn

The transaction involved an industrial asset located in Brooklyn. The loan amount secured for this property was $28,800,000, classified as a bridge loan. The specifics of the asset type highlight its industrial nature but do not provide further details on its size or address.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $28,800,000
• Lender: Genesis Credit LLC
• Brokers: Satyam Patel & Zev Feder - Meridian Capital Group
• Loan Type: Bridge
• Date: 8/15/2025

Satyam Patel and Zev Feder were the representatives from Meridian Capital Group involved in facilitating this transaction, providing expertise through their brokerage services. This partnership underscores the collaborative nature of securing financial agreements for real estate transactions in the market.