In Nolita neighborhood, Hudson Realty Capital LLC (HRC) has funded a $5.275 million first mortgage loan secured by a 13,707 s/f mixed-use building. The sponsor utilized the loan proceeds to recapitalize the property's maturing debt and establish operating reserves.
The fully occupied early-20th Century building is comprised of 15 residential units and two ground-floor commercial units.
Jersey City, MD Walker & Dunlop, Inc. arranged a $375 million construction loan to finance JFK Blvd., Nasser Freres’ mixed-use development in Journal Square. The financing, provided by