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Industrial
$6,887,500
Industrial · Newburgh, New York
Transaction Details
Loan Amount
$6,887,500
Asset Type
Industrial
Address
392 North Montgomery St, Newburgh, NY
Square Footage
90,000 SF
Occupancy
90%
Loan Type
Acquisition Bridge
Rate Structure
Floating — Prime + 4%
Overview
90% occupied with long-term tenants and centrally located with access to key transportation routes — Rhine Legacy Capital secured this bridge loan for a strategic industrial asset in the Hudson Valley.
"We are thrilled to have secured this bridge loan for the acquisition of such a promising industrial asset. The property's high occupancy rate and its strategic location make it an exceptional addition to our portfolio."
Samuel Kwadrat, Managing Partner
Press Coverage
As reported by NY Real Estate JournalRead Article →
Our Lending Criteria
Looking to finance your next deal?
Loan Sizes$2M – $20M
LTCUp to 75%–80%
Asset TypesMultifamily, Industrial, Retail, Mixed-Use
TimelineTerm sheets in 24–48 hours
Typical timelines; actual turnaround varies by transaction.
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