Cornerstone recently closed a commercial loan on a mixed-use property in New York, NY. The property presented challenges and barriers to traditional commercial financing as it included both commercial and residential uses.

Cornerstone Co-Founder, Sal LoPiccolo, was able to place the loan quickly with a local commercial lender at a market rate of interest, despite the slow economy and lagging finance market. The loan allowed the client to recapitalize the property and will provide room for future cash flow and appreciation.

Cornerstone specializes in arranging debt and equity for commercial property including multifamily, apartments, general commercial, and hard money transactions.  Visit us on the web at www.cornerstonesvs.com.