Lee Properties Group Acquires Condo Completion On East Village's 298 E 2nd Street With $14M Loan From Urban Standard Capital & Maxim Capital Group. Broker: Eric Gleitman - Mercury Capital Markets

Urban Standard Capital and Maxim Capital Group provided a loan amount of $14,000,000 for the completion of a condo project located at 298 E 2nd Street in the East Village market. The development is being undertaken by Lee Properties Group, led by Matt Lee. The broker for this transaction is Eric Gleitman from Mercury Capital Markets.

Summary of transaction details

• Property Type: Condo Completion
• Transaction Amount: $14,000,000
• Lender: Urban Standard Capital & Maxim Capital Group
• Developer: Lee Properties Group – Matt Lee
• Broker: Eric Gleitman – Mercury Capital Markets

The loan provided by Urban Standard Capital and Maxim Capital Group, totaling $14,000,000, will facilitate the completion of the condo project at 298 E 2nd Street in the East Village market. The project is being spearheaded by Lee Properties Group, with Matt Lee at the helm. Eric Gleitman of Mercury Capital Markets acted as the broker in this deal.