Seidler of Emerald Creek Capital originates $2.25 million

Jeff Seidler, Emerald Creek

Brooklyn, NY In August, Emerald Creek Capital originated a $2.25 million bridge loan. The subject property is a four-story 5,600 s/f mixed-use building located in the Bedford-Stuyvesant neighborhood. Containing six residential units and grade retail, the subject property was delivered vacant at closing. Emerald Creek Capital provided the financing required by the borrower to acquire the property as well as funds for renovation. The loan was originated by Jeff Seidler.

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The Domain Cos. closes on $175 million financing with Wells Fargo to deliver 400 housing units

Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.