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Manhattan Condo Conversion

Location:              New York, NY

Property Type:    Multifamily

Collateral Type:  Acquisition / Conversion 

Loan Type:           Mezzanine

Loan Size:             $70 Million

Description:  

RCG Longview provided a $70 million mezzanine loan for a Sponsor to acquire, renovate and convert two Class A stabilized multifamily rental towers into condominiums.