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Brokerage
Posted: January 28, 2013
Roth of Brick Realty closes $2.3 million mezzanine loan
Brick Realty Capital LLC, through an affiliate entity, has closed a $2.3 million mezzanine loan. The collateral is secured by an entity that owns a 90-unit apartment building located in the Inwood section. Eric Roth, a managing partner who arranged the loan, said, "As the borrower required the use of the funds on an expedited basis, we were able to issue the commitment letter and close the loan all within a seven-day a time frame."
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