Manhattan, NY

$1,150,000

Commercial Condominium

Refinance

02/14/2019
Transaction by
Gravity Capital
Gravity Capital lent $1,150,000 at a 50% LTV in first position on a commercial condo located in this beautiful part of Manhattan. The borrower was a local investor and sought funds for other projects. The Loan was closed with in 2 weeks of first contact but we can easily lend faster if the borrower is prepared with necessary documents. No appraisal was required but we conducted a property inspection allowing us to fund the loan quickly.