Urban Standard Capital Provides $22 Million Construction Loan For Two Single Family Homes In Southampton

The transaction involves two single-family homes located in Southampton, NY, encompassing a total square footage of 7,775. The loan amount secured for the construction of these properties is $22,000,000, structured over a 30-month term. The lending institution for this deal is Urban Standard Capital, represented by Harris Pergament and Bean.

Summary of transaction details:

• Property Type: SFR
• Transaction Amount: $22,000,000
• Loan Type: Construction
• Loan Terms: 30 months
• Lender: Urban Standard Capital
• Market: Southampton, NY
• Lender's Representatives: Harris Pergament & Bean
• Square Footage: 7,775

Urban Standard Capital specializes in financing residential projects across the country, offering a creative approach tailored to the unique needs of each project. For further inquiries, Harris can be contacted at [email protected] and Seth at [email protected].