Bronx Retail
Short Term Capital has funded a $1.115 million dollar bridge loan secured by a single story commercial building in the Eastchester neighborhood of the Bronx.
The 5,800 sf building is home to an Auto Sales and Repair showroom and a Deli. The borrower needed quick capital to refinance a maturing loan on the property.
“We understood that this was a time sensitive matter and we were able to close in time even despite there being environmental concerns,” said Mary Guarino, CEO at Short Term Capital.
- $1,115,000Amount
- Bronx, NYPlace
- December 2024Year
- Bridge LoanType
