JG Funding Corp. Provides $2.8M Refinance Loan For Williamsburg Package Deal | 203 Wallabout Street | JG Funding Corporation | Loan

Summary

Loan

NEW YORK

8,245 sqft

The package deal at 203 Wallabout St. in Williamsburg has been closed. The property spans approximately 8,245 square feet, making it a substantial investment.

Summary of transaction details

Property Type: Package Deal
Transaction Amount: $2,800,000
Date: 07/07/2022
Lender: JG Funding Corp.
Broker: First Loans
Loan Type: Refinance
Loan Terms: 1st Lien, Blanket Loan with Partial Release, 12 months + extensions; I/O payment

The loan for this transaction was provided by JG Funding Corp. The amount of the loan is $2,800,000, and it is a refinance loan. The loan terms include being a 1st lien, blanket loan with partial release, with a duration of 12 months plus extensions and interest-only payment.

Details

Deal Summary

FINANCED

IMAGE: Jeremy Goldzal & Josh Grunzweig DATE: 07/07/2022 ADDRESS: 203 Wallabout St. MARKET: Williamsburg ASSET TYPE: Package Deal ~ SF: 8,245 LENDER: JG Funding Corp. (@JGFunding) BROKER: First Loans (@FirstLoansCap) LOAN AMOUNT: $2,800,000 LOAN TYPE: Refinance LOAN TERMS: 1st Lien, Blanket Loan with Partial Release, 12 months + extensions; I/O payment

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Address203 Wallabout Street

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