JEWEL CAPITAL ARRANGED $1,000,000 BRIDGE LOAN IN ROSLYN, NY
JEWEL CAPITAL, a boutique commercial real estate finance and advisory firm, has arranged a $1,000,000 bridge loan secured by a 122,416 SF development site located in Roslyn, NY. With interest rate at 10.00% and low origination fee at 1.00%, this one-year bridge loan is used for site preparation of the subject property. Site preparation includes land clearing, road drainage, sanitary sewer system, water service, curbs and roadway. In 2014, the borrower purchased the land for $
