Real Estate Lending
At The Park Avenue Bank, we have a team of proven commercial real estate experts, well-known for their integrity and their ability to close deals with seamless efficiency. Their skills in this regard have earned them the respect of brokers and real-estate industry professionals in the tri-state area.
Your real estate transactions will be handled directly by top level executives of the bank; you'll be able to access them for quick answers and solutions to any questions or issues you may have. This means we're able to get your real estate transaction finalized with a remarkably fast turn-around time, conveniently and proficiently.
If you're looking for a straightforward, rapid way to coordinate a commercial or multiple-unit sale, or obtain financing for a construction development project, we've got the products, technology and dedicated staff you need. At The Park Avenue Bank, our entrepreneurial approach to lending allows us to create a customized loan that fits your needs. Please call us and ask about our services. We'll make sure your deal is completed to your satisfaction - the right way and on time!
Examples of Some of Our Recent Real Estate Projects:
Some of our recent Real Estate projects:
- $5 mm permanent mortgage on a carriage house
converted for use as a photographer studio/office/residential
Manhattan, NY - $1.75mm acquisition/permanent loan of a retail strip center
Howell, NJ - $2.1 mm permanent mortgage for a self storage facility
Upper East Side, Manhattan, NY - $5.5 mm acquisition/permanent loan for a owner occupied motorcycle dealership
White Plains, NY - $3 mm acquisition/renovation loan for a residential condominium development
Manhattan, NY - $6 mm revolving line of credit to a real estate developer
New Jersey - $1.24 mm construction loan for residential homes
Brownsville, Brooklyn - $900,000 land loan for residential development
Bronx, NY
For more information, please contact Edward Beyer, Chief Lending Officer, at 212-755-4600.
