Market Overview

Millbrook Realty Capital Closes $15 Million in New York City Transactions

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Millbrook Realty Capital, LLC ("Millbrook"), a leading direct, private
lender specializing in bridge loans for commercial real estate,
announced today that it closed $15 million in transactions in New York
City over the past 60 days. The transactions include six bridge loans
and the acquisition of a performing loan.

Managing Director Uanderson Benedetti, who joined
the firm in May 2018, originated the loans, which closed within 10 days
of an executed term sheet. The loans have an interest rate of between
8-9% and a term of between 6-12 months. Details regarding each
customized financing solution can be found below:

  • $3.4 million loan to satisfy existing liens on a 21-unit multifamily
    property in Flushing, Queens;
  • $3.0 million loan to refinance a 15-unit multifamily property in
    Brighton Beach, Brooklyn;
  • $2.5 million loan to refinance a 12-unit multifamily property in
    Bedford-Stuyvesant, Brooklyn;
  • $2.1 million loan to refinance four unsold condominium units located
    in Williamsburg, Brooklyn and Tribeca in Manhattan;
  • $1.75 million loan to refinance an eight-unit multifamily property in
    Crown Heights, Brooklyn;
  • $1.4 million loan to refinance an eight-unit multifamily property in
    Crown Heights, Brooklyn; and
  • $0.8 million purchase of performing loan secured by land entitled for
    commercial real estate development in Long Island.

"These transactions represent exactly the type of fast and flexible
financing solutions that we are able to offer sponsors," said Mr.
Benedetti. "As a reliable and prompt closer with decades of lending
experience, we are able to provide capital for all types of complex
transactions. We look forward to maintaining our strong momentum
throughout the rest of the year and beyond."

About Millbrook Realty Capital

Millbrook Realty Capital, LLC a leading direct, private lender
specializing in bridge loans for commercial real estate located across
the United States. The company provides quick closings and creative loan
solutions that meet complex borrower and property requirements. In
addition to extending short-term bridge loans, Millbrook Realty Capital
purchases distressed debt from commercial banks and savings
institutions, as well as from other private lenders. Brothers Charles
and Marc Yassky, who are commercial real estate finance veterans with
more than 75 years of experience, founded Millbrook Realty Capital in
2009. For more information, please visit: www.millbrookrealtycapital.com

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