Urban Standard Capital Provides $7.95M Construction Loan For Multifamily Development In Durham, NC

MultiFamily

Financed 128 days ago

Summary

Loan

NORTH CAROLINA

MultiFamily

A construction loan of $7,950,000 was provided by Urban Standard Capital for a multifamily property in Durham, NC. The loan was secured for the purpose of construction.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $7,950,000

Vishal Hotchandani and Jeremy Plofker from Urban Standard Capital were the lenders in this transaction. For all bridge and construction lending opportunities, interested parties were encouraged to email Vishal ([email protected]) and/or Jeremy ([email protected]).

Players

All
1

Lenders
1

Urban Standard Capital

Details

Deal Summary

FINANCED

IMAGE: Seth Weissman, Vishal Hotchandani, Jeremy Plofker & Bean DATE: 12/19/2023 MARKET: Durham, NC ASSET TYPE: Multifamily LENDER: Urban Standard Capital (@USC_NYC) LOAN AMOUNT: $7,950,000 LOAN TYPE: Construction NOTE FROM LENDER: For all bridge and construction lending opportunities, email Vishal ([email protected]) and/or Jeremy ([email protected]).

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AddressUrban Standard Capital Provides $7.95M Construction Loan For Multifamily Development In Durham, NC

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