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22.5MM – New York – Condos

New York, NY

Transaction Summary

$22,500,000

Area New York, NY
Property Type Luxury Condo Building (3)
Loan Type JV ACQUISITION - DEMO/CONSTRUCTION - DEBT/EQUITY TRANSACTION

The Deal

How We Structured It

Sponsor came to our firm requesting a 9 day TOE closing. Sponsor was set to lose their original $500M deposit. LFCP provided a funding solution to complete the demolition / conversion of 3 SRO buildings. Secured financing for the construction of 3 Luxury Condo Buildings.

Next Step

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Track Record

More Closed Transactions

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Connect With Us

Let's structure your deal.

Tell us about the property and the capital you need. We'll come back with real terms — and we never charge upfront fees.

Main Office2 Park Avenue, 20th Floor, New York, NY 10016
Phone (212) 537-9410
Email lending@lfairecap.com

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Established 2012, we offer NATIONWIDE commercial real estate lending solutions.

The Team

Andre Samuels
Gary Botchman
Alvin Joseph
John Myers
Eric J. Allen
Matthew Moss
Kevin Delmarr
Chad Broder
Matthew Hochstrasser
Vince Monaco
Karen Mayo
Miriam Rodriguez