New York Direct Mortgage Lending, Bridge Loans & Real Estate Investing
Acquisition/RenovationStamford, CT Repeat borrowers of PBC sought to acquire a multifamily property in Stamford, CT. They requested acquisition and renovation financing to renovate and increase rental income to achieve their vision. PBC was able to finance the entire request and closed well within the scheduled closing date.
Construction St. Petersburg, Florida Established builder in the Tampa Bay area, and a repeat borrower of PBC’s, required acquisition and construction financing for a new single family residence. PBC was able to close within 21 days and provided the entire debt stack to assist in another new build on the water.
Acquisition Brooklyn, New York Fast closing within two weeks for a purchase of a multifamily property in Brooklyn with some non-conforming use issues. PBC worked through the issues and satisfactorily closed wth deal in time to keep borrower’s timeline.
