BridgeCity Capital Provides $20.6M Acquisition Loan For Fort Lauderdale Development Site
Share
This Development Site property located in FL received a loan of $20,625,000 over 2 years ago.
View Related
- Location300 NE 3rd Ave, Fort Lauderdale, Florida 33301, United States
- Loan Value$20,625,000
- Asset TypeDevelopment Site
Social
Deal Summary
LOAN
IMAGE: Moishe Loketch, Louis Lebovits, Allan Lebovits & Pinny Loketch
DATE: 12/16/2021
ADDRESS: 300 NE 3rd Ave.
MARKET: Fort Lauderdale
ASSET TYPE: Development Site ~ Land SF: 82,548
LENDER: BridgeCity Capital (@BridgeCityFunding) - Allan Lebovits, Louis Lebovits, Moishe Loketch & Pinny Loketch (@Loketch_Group)
LANDLORD: Simon Dushinsky
LOAN AMOUNT: $20,625,000
LOAN TYPE: Acquisition
LOAN TERMS: Executed term sheet to closing – 2 weeks. LTV 76%
NOTE FROM @TheLoketchGroup: BridgeCity Capital is actively financing mixed-use, residential, industrial & construction projects in the Tri-State Area, South Florida & in various other states. Visit us at https://www.bridgecityfunding.com/ or send loan inquires to [email protected]
Comparables
Social
Comparables
Share
Login to Suggest Edits