Madison Realty Capital Provides $45.8M Construction Loan For Mixed-Use Property In Williamsburg

The mixed-use property located at 296 Wythe Avenue in Williamsburg has been involved in a recent transaction. The property consists of 55 units and is situated in a prime market area.

Summary of Transaction Details

• Property Type: Mixed-use
• Transaction Amount: $45,800,000
• Date: 02/09/2022
• Address: 296 Wythe Avenue, Williamsburg
• Market: Williamsburg
• Units: 55

The loan for this transaction was provided by Madison Realty Capital, with Josh Zegen representing the lender. The loan amount was $45,800,000, and it was of the construction type. Bruman Realty acted as the landlord for this deal. Steven Hersko from SHB Group served as the broker in this transaction.