Brick Realty Capital completes purchase of non-performing mortgage and note

Brick Realty Capital LLC, through an affiliate entity, recently completed the purchase of another non-performing mortgage and note. According to managing partner Eric Roth, the collateral, which is located in The Williamsbridge section, consists of a newly constructed five-story apartment building comprised of six apartments plus a retail/day care center on the ground floor. There is a total 9,200 s/f of rentable space within the property.