BridgeCity Capital Provides $20M Loan For Development Site In East Williamsburg

BridgeCity Capital has provided a loan amount of $20,000,000 for the property transaction involving 66 Gerry Street and 25 Bartlett Street in East Williamsburg. The property consists of a mixed-use building and a development site. The landlord in this transaction is Abraham Brach.

Summary of transaction details

• Property Type: Mixed-use & Development Site
• Transaction Amount: $20,000,000
• Market: East Williamsburg
• Lender: BridgeCity Capital
• Landlord: Abraham Brach

Although no additional details are available, it is noteworthy that Allan Lebovits and Louis Lebovits are pictured in relation to this transaction. They may have played a key role as representatives or stakeholders.