Construction and bridge loans for apartment and condominium projects in New York City, from a lender headquartered on Third Avenue.
Bravo Property Trust is a New York-based private lender that makes senior construction and bridge loans for multifamily and condominium projects in New York City. It has financed a $125 million construction loan for a 185-residence tower in DUMBO and a $36.75 million construction loan for 78 apartments on Amsterdam Avenue.
One credit team, from first loan to long-term exit.
Senior construction loans for rental and condominium buildings, including office-to-residential conversions.
Short-term first-mortgage loans while a building is bought, repositioned or leased up.
For rental buildings, the exit can be a HUD-insured loan through affiliate Bravo Capital, which is MAP and LEAN approved.
Yes. BPT financed the $125 million Pearl Street construction loan in DUMBO.
Yes. The DUMBO loan funds the conversion of an 8-story office building into rentals, with new condominium floors built on top.
BPT's New York loans have included projects using the city's 467-m and 421-a tax abatement programs.
Our office is at 780 Third Avenue. Speak directly with a decision-maker about construction, bridge or mezzanine financing.
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