Aryia Bala Of Malve Capital Provides $900,000 Bridge Loan For Multifamily Property In Brooklyn

This transaction involves a multifamily asset located in Brooklyn, consisting of 3,000 square feet and three units. The property secured a bridge loan amounting to $900,000, executed in under 10 days for purchase and renovation purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $900,000
• Loan Type: Bridge
• Loan Terms: 12 Months
• Lender: Aryia Bala - Malve Capital

The successful closing of the loan underscores Malve Capital's capability to offer aggressive leverage and reliable execution for New York borrowers. Aryia Bala from Malve Capital was instrumental in structuring the financing to enable the borrower to acquire the property and complete the renovation project.