– $300,000 First Mortgage – Vacant Land – Yonkers, NY

Posted on Sep,20 2019
by Rich Salinaro in Blog

 

$300,000 First Mortgage – Vacant Land – Yonkers, NY

H&O Capital Funding recently closed a loan on a vacant parcel of land in SouthEast Yonkers, just north of the Bronx. The borrower approached H&O needing a small loan to help him complete his $1m+ purchase, where he plans to build a retail store to take advantage of its busy location. While it took some time to iron out the particulars, the deal closed in a flurry of activity as the sellers were leaving the country for an extended period of time and needed to close in under a week. H&O Capital was able to get it done on just two days notice, making for one happy borrower (and seller!).

H&O Capital Funding  has helped countless real estate buyers, sellers, lessees and lessors achieve their goals. Our legacy is unwavering commitment to the communities we serve. Houlihan & O’Malley Commercial Real Estate Services specializes in four distinct, yet overlapping, areas of business: Commercial Brokerage services, Private Mortgage services, Appraisal Services and Advisory services.

For more information on loans that we offer, visit our website.

 

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