Nova Bridge Capital structured and placed a $1,100,000 bridge loan secured by a 22,000 SF, former turn-of-the century Gold Coast mansion with 14 fireplaces situated on four acres in Laurel Hollow, NY. The mansion was originally built for Oliver and Mary Jones, a prominent and wealthy Long Island family. The loan was secured by the residence and two other properties. The bridge loan provided cash out to the borrower to recapitalize his business and pay personal obligations. The photo depicts the residence after restoration.