Business News1888 Press Release • Terrace Capital, Inc. Announces- $8MM Non-Recourse Commercial Mortgage- Class A Office - Brooklyn, NY

Terrace Capital, Inc. Announces- $8MM Non-Recourse Commercial Mortgage- Class A Office - Brooklyn, NY

Terrace Capital, Inc. Announces- $8MM Non-Recourse Commercial Mortgage- Class A Office - Brooklyn, NY

The proceeds of this $8MM, 75% loan-to-value mortgage was used by the borrower, 1733 Sheepshead Bay, LLC, for the repayment of existing debt and equity for the development of several new projects in Brooklyn.

View More : http://www.1888pressrelease.com/terrace-capital-inc-announces-8mm-non-recourse-commercia-pr-473707.html
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