Brick Realty Capital adds non-performing mortgage and note to portfolio

Brick Realty Capital LLC, through an affiliate entity, has added another non-performing mortgage and note to their loan portfolio. Located at the corner of a major shopping hub in the Bay Ridge section, the collateral is secured by a 21,000 s/f retail building. Eric Roth, a managing partner, at Brick Realty Capital, said, "After being presented with this unique opportunity, we agreed to complete our due diligence and to contract/close on the purchase of the note on the same day. This sort of swift execution is indicative of our ability to respond, analyze and to quickly close on this type of transaction."