Loan Request for Commercial loan in Rochester, NY, 14604

Request #3753627 by Lender

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Date Posted

8/24/2025 7:06:37 AM

Property at

Rochester, NY, 14604, USA Show Map

Borrower at

VALLEY STREAM, NY, 11581, USA Show Map

Property Type

Commercial

Property Value

$32,500,000

Loan Request

$19,000,000

LTV

58.46 %

Credit Rating

680-699

Net Worth

Over $10,000,000

Loan Purpose

Purchase and Construction

Purpose

to develop adaptive reuse building in downtown Rochester 48% PLC 57% LTV
equity
3.5mm cash
13.5mm Tax credits
3.8mm deferred developer fee
18.5m new construction loan

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Loan Request for Commercial loan in Rochester, NY, 14604