Queens, NY Edgewood Capital Advisors, a national commercial real estate bridge lender based in Southport, CT, has closed a $2.83 million bridge loan on a newly-constructed, 16 million s/f retail property in the Laurelton neighborhood.
The project includes four in-line retail units and daycare space on the 2nd floor and basement. The loan was designed to provide the borrower time to complete construction and lease up the project.