$1,825,000 - Manhattan, NY
$9,067,000 - Philadelphia, PA

Avant Capital has provided first mortgage refinance loans of a) $4,500,000 to complete the construction of a 17 unit condominium building in Bushwick and b) $1,825,000 to payoff a defaulted construction loan on a separate condominium project in Hamilton Heights.  Both loans were quick closing situations and enabled the borrowers to recapitalize and pursue strategies to optimize the sellout of their developments.

Details

Type:

Closing Date: December, 2018