Unity Capital Funds Refinance Secured By $1,300,000 Multifamily Properties in

Rockaway Beach, NY

Unity Capital is pleased to announce that it has funded a loan secured by three waterfront multifamily properties located in the Rockaway Beach neighborhood of Queens, NY. The refinance allowed the borrower to repay existing debt and capture equity in the fully occupied properties located in the rapidly gentrifying beach community.  Unity was able to close the loan in less than 2 weeks.

 
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Flexible Financing Solutions

Our fast and flexible senior mortgage loans are designed to give our borrowers the ability to take advantage of time sensitive closing, "special situations" and "story" deals that conventional lenders can't provide. Find out how we can provide financing that works for you. Read More »

Lending Parameters

Loan Size: $250,000 – $10,000,000
Collateral Location: Nationwide
Collateral Types: All Real Estate Considered
(Other than Land and Ground-Up Development)
Security: First Mortgage Lien
Loan to Value: Up to 65%

Exit Fee: None
Interest Rate: Starting at 8%
Term: 6 Months – 3 Years
Amortization: Interest Only
Recourse: Generally Required
Origination Fee: 1% and Up

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