Progress Capital Secures $42.5 Million Loan for Refinancing of Manhattan Retail Property

New York City — Progress Capital has secured a $42.5 million loan for the refinancing of Bridgemarket, a 100,000-square-foot retail property located in Manhattan. Tenants at the property include Gustavino’s, T.J. Maxx, Ship Essentials and Trader Joe’s. Brad Domenico of Progress Capital arranged the loan on behalf of the borrower, MADD Equities, through an undisclosed lender.