Brooklyn, NY – Brad Domenico, Partner at Progress Capital, secured $5,900,000 for a valued client to refinance five (5) condo buildings in Brooklyn, NY. The five (5) properties contain a combined total of 10 residential condo units and 3 commercial condo units. All buildings are proximate to transportation, local shopping and employment centers.
Brad worked with Cathay Bank to negotiate the following key terms:
Progress Capital is a leading Commercial Mortgage Banking firm specializing in arranging debt for commercial real estate owners and residential developers. Since 1990, Progress has successfully closed in excess of $40 Billion in commercial loans and directly funded over $150 Million.