FINANCED
Bank Of Princeton Grants $31M Loan For 69-Unit Apartment Property In Williamsburg, Brooklyn
280 Meeker Avenue
MultiFamily
Financed 235 days ago
Summary
Loan
NEW YORK
MultiFamily
The Bank of Princeton has granted a $31 million loan for The Vertex, a 69-unit apartment property located at 280 Meeker Avenue in East Williamsburg, Brooklyn. The property is a multifamily asset with a total of 69 units. The loan will be used to support the development and operation of the property.
Summary of transaction details
- Property Type: Multifamily
- Loan Amount: $31,000,000
- Address: 280 Meeker Avenue
- Market: Williamsburg, Brooklyn
- Units: 69
- Lender: Bank of Princeton
- Landlord: CW Realty - Cheskie Weisz
The Vertex is owned by CW Realty, represented by Cheskie Weisz. The loan provided by the Bank of Princeton will facilitate the continued development and operation of this multifamily property. This transaction highlights the collaboration between the lender and the landlord to support the growth and success of The Vertex.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: Cheskie Weisz
DATE: 09/27/2023
ADDRESS: 280 Meeker Avenue
MARKET: Williamsburg, Brooklyn
ASSET TYPE: Multifamily ~ UNITS: 69
LENDER: Bank of Princeton
LANDLORD: CW Realty (@CWRealtyGroupNY) - Cheskie Weisz
LOAN AMOUNT: $31,000,000
NOTE: The Bank of Princeton granted a $31 million loan for The Vertex, a 69-unit apartment property in East Williamsburg, Brooklyn.View on map
Loading...
Address280 Meeker Avenue
Comparables
Reset filters to show results.