Urban Standard Capital Provides $4.05M Construction Loan For Multifamily Property In Boerum Hill

The property involved in this transaction is a multifamily asset located at 522 State St. in the Boerum Hill market. It spans a total of 5,771 square feet. The transaction took place on 03/22/2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,050,000
• Market: Boerum Hill
• Address: 522 State St.
• Asset Type: Multifamily
• Square Footage: 5,771

The lender in this transaction was Urban Standard Capital. The loan amount provided was $4,050,000, and the loan type was construction. The representatives from Urban Standard Capital involved in the deal were Harrison Rowen and Seth Weissman.

For all bridge and construction lending opportunities, interested parties can reach out via email to Sam Hollander at [email protected] and Harrison Rowen at [email protected].