Progress Capital Facilitates Acquisition Loan for Lot Assemblage in The Bronx

Thanks to the financial expertise of Brad Domenico and the team at Progress Capital, MADDD Equities landed a $12,265,000 acquisition loan for the purchase of a significant lot assemblage in The Bronx.

The strategic location of the site, situated along Brook Avenue and East 165th Street in the Morrisania neighborhood of The Bronx, offers various advantages such as proximity to public transportation, the vibrant 3rd Ave shopping district, and convenient access to Manhattan and Yankee Stadium.

With over three decades of experience, Progress Capital successfully closed over $40 billion in commercial loans and $150 million in directly funded bridge loans.