$1,200,000 bridge loan secured by two parcels of land totaling 1.6 acres, located on a heavily-traveled commercial street in Norwalk, Connecticut. Edgewood’s loan will cover pre-development costs, capital improvements, and debt obligations on other properties. The borrower intends to develop the property with a 50,000 square-foot two-story retail building with underground parking. Edgewood’s loan was paid back in full in September of 2015.
