Bayview Asset Management: Bayview Lends $29M on New York-Presbyterian Hospital-Leased Property

ASG Equities has sealed $29 million of bridge financing for its mixed-use office asset in Bay Ridge, Brooklyn that will soon be anchored by New York-Presbyterian Hospital (NYP), Commercial Observer can first report. Bayview Asset Management provided the three-year, floating-rate loan on the sponsorship's 502 86th Street property, which lost its anchor tenant TJ Maxx [...]