Realty Capital Finance Provides $5.5M Bridge Loan For FiDi Development Site

Realty Capital Finance completes $5.5M loan in FiDi

Development Site

50,000 SF

Summary

Loan

NEW YORK

Development Site

50,000 sqft

A development site located in FiDi has recently been involved in a closed transaction. The property has a buildable square footage (BSF) of 50,000, indicating its potential for development.

Summary of transaction details

Property Type: Development Site
Transaction Date: 08/12/2021
Market: FiDi
Lender: Realty Capital Finance
Lender Representatives: Samuel Kwadrat, Mark Safrin & Heshy Safrin
Loan Amount: $5,500,000
Loan Type: Bridge Loan
Loan Terms: 12 Months

The loan for this transaction was provided by Realty Capital Finance, represented by Samuel Kwadrat, Mark Safrin, and Heshy Safrin.

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Details

Deal Summary

FINANCED

IMAGE: Samuel Kwadrat, Mark Safrin & Heshy Safrin DATE: 08/12/2021 MARKET: FiDi ASSET TYPE: Development Site ~ BSF: 50,000 LENDER: @RealtyCapitalFinance - Samuel Kwadrat, Mark Safrin & Heshy Safrin LOAN AMOUNT: $5,500,000 LOAN TYPE: Bridge Loan LOAN TERMS: 12 Months

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AddressRealty Capital Finance completes $5.5M loan in FiDi

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