Titan Capital provides $16.25 million in financing

Titan Capital facilitated the following loans totaling $16.25 million: * Titan Capital was contacted by a property owner who was looking to refinance a maturing loan on a three-story brick townhouse in the West Village neighborhood of Manhattan. Since the existing loan was nearing maturity, the borrower reached out to Titan Capital in order to refinance the loan in less than 10 days. Titan Capital was able to underwrite and fund the $6.25 million loan within the required time frame. * Titan Capital ID, LLC was approached by an experienced developer who was in contract to purchase a large development site along with adjacent air rights in Jamaica. The subject property is a 17,400 s/f "through" lot that allows a total of 104,000 s/f of buildable space. With the purchase of the air rights from the adjacent property, the developer has the right to build a total of 179,000 s/f of mixed-use space. Faced with an approaching 'Time Of the Essence' deadline, the developer turned to Titan Capital in order to provide $10 million towards the acquisition price. Titan Capital was able to provide the funds in time to meet the tight deadline.