$1,750,000 bridge loan secured by a first mortgage on a 0.5-acre parcel of land at the southwest corner Leroy Avenue and West Avenue in Darien, CT. The property is zoned for sixteen age-restricted condominiums, including five affordable units. Edgewood’s loan proceeds were used to purchase the property and cover property carrying costs. Edgewood’s loan was paid back in May of 2015.
Leroy & West Ave
- Bridge Loans
- Land Development
- New England
$1,750,000 | 0.5 Acres