Harris Pergament & Bean Secures $15,750,000 Construction Loan In Bridgehampton For SFR

The asset involved in this transaction is a single-family residence located in Bridgehampton, featuring a considerable size of 14,000 square feet. The loan amount secured for this construction project is $15,750,000, with terms set for a duration of 18 months.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $15,750,000
• Market: Bridgehampton
• Lender: Harris Pergament & Bean - Urban Standard Capital
• Loan Type: Construction
• Loan Terms: 18 Months

The deal involves lenders specializing in financing residential projects, adopting a creative approach to structuring deals that cater to the specific needs of each project. Key individuals representing the lender are Seth and Harris, both of whom can be contacted via their respective email addresses.