FINANCED
GDC Properties Secures $12.5M Refinance Loan From Webster Bank For Mixed-use Property In Williamsburg
625 Driggs Avenue
Mixed-use
21,202 SF
21,202 SF
Financed 14 days ago
Summary
Loan
NEW YORK
Mixed-use
21,202 sqft
The mixed-use building located at 625 Driggs Avenue in Williamsburg, Brooklyn, with a square footage of 21,202, was involved in a refinancing transaction. The property belongs to William Ingraham of GDC Properties. The refinance loan amount secured for this property was $12.5 million through Webster Bank.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $12,500,000
- Address: 625 Driggs Avenue
- Market: Williamsburg, Brooklyn
GDC Properties, represented by William Ingraham, successfully obtained the $12.5 million refinance loan from Webster Bank facilitated through Peregrine Funding, LLC for the mixed-use property at 625 Driggs Avenue in Williamsburg, Brooklyn.
Details
FINANCED
IMAGE: William Ingraham
DATE: 03/27/2024
ADDRESS: 625 Driggs Avenue
MARKET: Williamsburg, Brooklyn
ASSET TYPE: Mixed-use ~ SF: 21,202
LENDER: Webster Bank (@WebsterBank)
LANDLORD: William Ingraham - GDC Properties
LOAN AMOUNT: $12,500,000
LOAN TYPE: Refinance
NOTE: GDC Properties, represented by William Ingraham, secured a $12.5 million refinance loan from Webster Bank through Peregrine Funding, LLC for the mixed-use building at 625 Driggs Avenue in Williamsburg, Brooklyn.View on map
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Address625 Driggs Avenue
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