JLJ Capital Closes $2.58M Bridge Loan For Multifamily Property In Stuyvesant Heights
JLJ Capital completes $2.58M loan on multifamily property in Stuyvesant Heights
4,850 SF
Summary
A $2.58 million bridge loan was closed by JLJ Capital for a multifamily property in Stuyvesant Heights, Brooklyn. The property, spanning approximately 4,850 square feet, was involved in the transaction in late December 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,580,000
- Loan Type: Bridge
- Loan Terms: 24 Months + One 6 Month Extension Option
- Lender: JLJ Capital
JLJ Capital facilitated the bridge loan for the multifamily property in Stuyvesant Heights. The loan provided financial support for the property's acquisition or refinancing needs. For more information, interested parties can contact JLJ Capital at +1(212) 373-4500 and mention 'JLJ2022' to receive a $500 credit. Additional details about this loan and other small balance transactions can be found on JLJ Capital's website here.
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