Bayport Funding Provides $6 Million Construction Loan For Williamsburg Development Site

A development site in Williamsburg, Brooklyn has secured a $6,000,000 construction loan from Bayport Funding. The property, which is situated in the bustling Williamsburg market, will undergo development to further enhance the area's growth.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $6,000,000
• Market: Williamsburg, Brooklyn

Gavin Ralbag and Gabe Rothstein from Gold Edge Capital represented both the borrower and the lender in this deal. As experienced brokers, Ralbag and Rothstein played a crucial role in facilitating the loan transaction, ensuring a smooth process for all parties involved.