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1.5MM – Brooklyn – Retail

Nostrand Ave. Brooklyn, NY

Transaction Summary

$1,500,000

Area Nostrand Ave. Brooklyn, NY
Property Type RETAIL - (RESTAURANT/ BAR - OWNER OCCUPIED)
Loan Type Bridge to Permanent

The Deal

How We Structured It

LFCP provided short term bridge financing to cure outstanding municipal bills and loan payments which were in arrears with the former lender. Formulated creative solution to provide additional capital for Capex to cure deferred maintenance issues. Created an exit strategy to secure conventional financing to satisfy the bridge loan months before maturity of the note.

Next Step

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Track Record

More Closed Transactions

$2,300,000 Gas Station (With Convenience store and 6 Mechanic bays)

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$3,478,000 12 Unit Multifamily Building

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