Bravo Capital Arranges $46M Construction Loan For 281 Broadway Multifamily

The property asset involved in the transaction is a multifamily building located at 281 Broadway in Bayonne. This asset consists of 128 units and encompasses a total square footage of 210,000. The loan amount secured for this property is $46,000,000, classified as a construction loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $46,000,000
• Address: 281 Broadway
• Market: Bayonne
• Units: 128
• Square Footage: 210,000
• Lender: Gabi Moshayev - Bravo Property Trust
• Landlord: Bayonne Equities BII Urban Renewal
• Broker: Aidan Birnbaum & Aaron Krawitz - Bravo Capital
• Loan Type: Construction

Key individuals involved in this deal include Gabi Moshayev, who represents Bravo Property Trust, acting as the lender, and the brokers Aidan Birnbaum and Aaron Krawitz from Bravo Capital, who facilitated the transaction. The landlord in this deal is Bayonne Equities BII Urban Renewal, responsible for the property's management.