388 Broadway

LIC Light industrial
November, 2017
bridge loan 39 and 40
June, 2017

$12,000,000 Bridge Loan

size-icon Tribeca East, Manhattan, NY

size-icon 24,0000 Square Feet / Acres

size-icon Mixed-Use

Avant Capital has originated a $12 million loan secured by a mixed-use property in the Tribeca East neighborhood of Manhattan. The property contains one retail unit, a second-floor office tenant, and seven loft units. Loan proceeds refinanced an existing mortgage debt, provided funds to complete renovations, and funded reserves and closing costs.