Urban Standard Capital Provides $13.8M Loan For Multifamily Acquisition And Construction In Chelsea, Manhattan

A multifamily property located at 227 West 19th Street in Chelsea, Manhattan has recently undergone a transaction. The property, owned by RoundSquare Development and VM Properties Group, was involved in an acquisition and construction loan facilitated by Urban Standard Capital. The loan amount for this transaction was $13,800,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $13,800,000
• Lender: Urban Standard Capital
• Landlord: RoundSquare Development and VM Properties Group

Robert Levine, Seth Weissman, and Bean served as representatives from Urban Standard Capital in this multifamily property deal. For all bridge and construction lending opportunities, interested parties were advised to contact Robert at [email protected].