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Brick Capital Partners LLC.

Brick Capital Partners LLC announced the following loans:

* Through an affiliate entity, Brick Capital funded a first mortgage in the amount of $10,000,000 to a private real estate investor. Located in Manhattan's Lower East Side, the collateral is comprised of a nine story boutique hotel that is net leased to a seasoned hotel operator. The interest only loan is for a 2-year term and was closed within two weeks of application.

* Brick Capital Partners LLC, through an affiliate entity, funded a first mortgage in the amount of $5,000,000 to a private real estate investor. Located in Times Square, the collateral is comprised of a four-story commercial building. The interest-only loan is for a 3-year term and was closed within two weeks of application.

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Title Annotation:TRANSACTIONS; loans for real estate
Comment:Brick Capital Partners LLC.(TRANSACTIONS)(loans for real estate)
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1U2NY
Date:Jul 5, 2017
Words:127
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