117
NEW YORK CITY — Titan Capital ID LLC has funded a $3.5 million loan secured by a 4,000-square-foot cooperative unit, valued at $17.5 million, located on the corner of Fifth Avenue and East 88th Street in New York City. The pending sale of the borrower’s firm, as well as royalties from the borrower’s other investments, are expected to provide more than $100 million in future cash flows and will be used for repayment of the loan.