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

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].