180 Hester Street, LLC
$5,000,000 Bridge/Construction Loan to complete a partially built six-story elevator mixed-use building consisting of a 2-story owner occupied restaurant and 4 upper level condo units in Little Italy, NYC.
New York, NY
$5,000,000
2160 North Central Realty, LLC
Palisades Financial acquired a 70% occupied 50,000 SF Class “A” office building with direct access to the George Washington Bridge for $6,800,000 . It is estimated that once stabilized at 90% occupancy, the net operating income (before debt service) can reach $560,000, resulting in returns of over 19%.
North New Jersey
$2,433,000