Urban Standard Capital Closes $26.4M Acquisition Loan For SFR In Palm Beach

Urban Standard Capital (USC) has closed a $26,400,000 loan for the acquisition of a single-family home (SFR) located at 2315 S Ocean Blvd in Palm Beach. The property spans a generous 10,623 square feet, offering ample space for its future residents. This loan transaction adds to USC's successful expansion into the South Florida market, with over $100mm in closed loans within the past year.

Summary of transaction details:

• Property Type: Single-Family Home (SFR)
• Transaction Amount: $26,400,000
• Address: 2315 S Ocean Blvd, Palm Beach
• Market: Palm Beach
• Lender: Urban Standard Capital
• Loan Representative: Seth Weissman, Charlie Brosens, Robert Levine, and Bean

If you are interested in bridge or construction lending opportunities, you can reach out to Charlie at [email protected] or Robert at [email protected].