For Immediate Release: New York: Winter & Company placed a new mortgage in the amount of $1,775,000 on an approximately 40,000 SF Bushwick, Brooklyn building which is operated as a high-volume commercial bakery. The borrower is one of the finest wholesale, commercial bakeries in the New York area supplying many hotels, restaurants and other institutional clients for more than twenty-five years.

Henry Berliss, Vice President and Gregg Winter, President of Winter & Company Commercial Real Estate Finance closed this 15-year loan on terms that will allow the borrowers to take advantage of further reductions in interest rates. There were significant credit issues that made this a challenging loan to place, including forgiveness of debt by prior lenders, as well as partnership disputes that endlessly delayed the closing.

We arranged the financing with a flexible and aggressive business lender capable of adding value to the company's future growth by providing services beyond a straight mortgage such as term loans and credit lines. The loan, which closed on November 9th, was made at typical bank lending rates with minimal operating restrictions on the borrowing entity.

Winter & Company specializes in providing advisory services as well as both institutional and private mortgages to commercial real estate owners and professionals nationwide. Its affiliate, W Financial is a direct private bridge and mezzanine lender providing short-term, special situation financing to developers, owners and investors. If you are an accredited investor and would like to learn more about investing in the Fund, visit PrivateMortgageInvestment.com