Projects
Mohawk River Development
Located in Cohoes along the Mohawk River, obtained a loan for the construction of a 30-unit apartment building.
T2 Property Solutions, LLC
Located in Fultonville - multi tenant, mixed-use property consisting of a warehouse, welding shop, athletic complex and field and an apartment unit. Loan obtained was for purchase, refinance, and working capital.
George's Restaurant
Located in/on Lake George - the loan is for the purchase of both real estate and business entity. Restaurant is well known as a steakhouse and American style cuisine.
Frear Building
Troy, NY - Frear Building loan was for refinance and capital improvements
Uncle Sam's Garage
Uncle Sam Parking Garage - loan was for demolition and reconstruction of structure.
297 River Street
Troy, NY - refinance of a 19,191 sq. ft. 3-story, multi-tenant commercial building in downtown Troy
Broadalbin Hotel
Broadalbin, NY - loan was for renovation, fixtures, furniture & equipment (FF&E), and working capital. The current owners bought the Hotel in 2007. The hotel includes a bar, restaurant, banquet room, and 12 studio room rentals. Originally built in 1854, the Broadalbin Hotel was granted both New York State and National Historical recognition in 2011.
Champ's Campground & RV Park
Also Champ's Corner Pub & Grill - Whitehall, NY - refinance of 26-site RV park that includes 4 cabin rentals; renovation/building upgrades including a year-round//all season kitchen (Corner Pub & Grill), two wood framed buildings and a recreation hall.
Band Sawn Lumber
Johnstown, NY - Lumber/saw mill was founded in 1997. The borrower obtained a loan for refinance of a custom lumber supplier/lumber mill, purchase of the business and a Single-Family Residence (SFR), partnership buy-out, equipment purchase, and working capital.
Point Marine dba Albany Marine Services
Cohoes, NY - purchase of property, working capital, equipment purchase