$499,000 First Mortgage – Masonic Temple – Brooklyn, NY

 

$499,000 First Mortgage – Masonic Temple – Brooklyn, NY

A fraternal order of Freemasons based out of Brooklyn, NY came to H&O Capital Funding looking for a quick cash infusion to make some much needed repairs to their beautiful temple in the Clinton Hill area of Brooklyn. Needing new elevators and a new boiler before the cold weather truly sets in, the Freemasons needed to close quickly to get the repairs started before the holidays. H&O Capital was only too happy to provide the funds in a timely manner, especially on such a beautiful and historic property. With plenty of value in the property, the loan was an easy one for H&O Capital Funding. Despite a few legal hurdles, the loan closed in under three weeks.

H&O Capital Funding  has helped countless real estate buyers, sellers, lessees and lessors achieve their goals. Our legacy is unwavering commitment to the communities we serve. Houlihan & O’Malley Commercial Real Estate Services specializes in four distinct, yet overlapping, areas of business: Commercial Brokerage services, Private Mortgage services, Appraisal Services and Advisory services.

For more information on loans that we offer, visit our website.

 

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