Madison Realty Capital.Madison Realty Capital announced the following transactions: * A $14M construction loan for an 11,746 s/f elevator mid-level luxury condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. building in Williamsburg, Brooklyn Williamsburg is a neighborhood in the New York City borough of Brooklyn, bordering Greenpoint, Bed-Stuy, and Bushwick. , NY containing 31 residential units, parking, storage, retail space and community facility space. * A $3.25M refinance Refinance 1. When a business or person revises their payment schedule for repaying debt. 2. Replacing an older loan with a new loan offering better terms. Notes: When a business refinances they typically extend the maturity date. of an 8-story elevator apartment building in Brooklyn, NY. * A $1.9M bridge loan for the purchase of a 38,768 s/f high end sober living facility in Malibu, CA. * A $5,725,000 first lien mortgage for the refinance of 13 townhome condominiums in New Rochelle New Rochelle (rōshĕl`), city (1990 pop. 67,625), Westchester co., SE N.Y., on Long Island Sound; settled by Huguenots 1688, inc. as a village 1858, as a city 1899. , NY. |
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