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Louis Lebovits Of BridgeCity Capital Provides $7 Million Construction Loan For Mixed-Use Development In Gilbert AZ

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FINANCED
$7,000,000

Arizona

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Louis Lebovits Of BridgeCity Capital Provides $7 Million Construction Loan For Mixed-Use Development In Gilbert AZ

Mixed-use
Financed
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Summary

Asset Type:Mixed-use
Transaction Type:Loan

Mixed-use Development Site in Gilbert, AZ, with plans to construct 376 residential units along with approximately 40,000 square feet of integrated commercial office and co-working space, featuring high-end amenities. The loan for this project amounts to $7,000,000 and is classified as a construction loan, with terms lasting 12 months plus extension options.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $7,000,000
  • Lender: Louis Lebovits - BridgeCity Capital
  • Loan Type: Construction
  • Loan Terms: 12 months + extension options
  • Market: Gilbert, AZ

Louis Lebovits represents BridgeCity Capital, which is actively financing mixed-use, residential, industrial, and construction projects across the Tri-State Area, South Florida, and various other states. Loan inquiries can be directed to Louis at [email protected].

Players

Louis Lebovits
44 deals$1.2B volume
LENDER

BridgeCity Capital
LENDER

Details

FINANCED
IMAGE: Louis Lebovits DATE: 2/27/2026 MARKET: Gilbert, AZ ASSET TYPE: Land LENDER: Louis Lebovits (@LebovitsLouis) - BridgeCity Capital LOAN AMOUNT: $7,000,000 LOAN TYPE: Construction LOAN TERMS: 12 months + extension options NOTE FROM LENDER: BridgeCity Capital is actively financing mixed-use, residential, industrial and construction projects in the Tri-State Area, South Florida and in various other states. Visit us at www.bridgecityfunding.com or send loan inquires to [email protected] Mixed-use Development Site: with plans to build 376 residential units and approximately 40,000 square feet of integrated commercial office and co-working space and high-end amenities.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$7,000,000.00

Monthly NOI$46,666.67
Monthly Debt Service$44,244.76
Change in Cash Flow$0.00
Refinance Proceeds$0.00