The Real Deal New York

Commission advance firm Middlegate launches in NYC

By Julie Strickland | February 04, 2014 04:30PM

From the February issue: Low-cost commission advance firm Middlegate Funding launched operations in the New York City market on Jan. 15, offering up the firm’s services to Big Apple brokers for the first time.

Located at 317 Madison Avenue, near Grand Central Terminal, Middlegate offers brokers cash advances on deals that are in contract but have not yet closed, and in which cash hasn’t yet changed hands. [more]