$5.6M MIXED USE ACQUISITION

$5.6M MIXED USE ACQUISITION
$5.6M MIXED USE ACQUISITION

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$5.6M MIXED USE ACQUISITION
$5.6M MIXED USE ACQUISITION

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PROJECT INFO

$5,600,000
Distressed Note Bridge Loan
Mixed Use Property
Bronx, NY

PROJECT DETAILS

Client came to V³ when their existing bank was not able to renew their loan due to them being taken over by the FDIC.
V³ Lending assisted the client in negotiating a discounted payoff from the bank who acquired their loan and arranged a $5,600,000 bridge loan to take advantage of the discount.

Closed Transaction