BridgeCity Capital Provides $12.4M Construction Loan For Williamsburg Development Site
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This Development Site property located in NY received a loan of $12,400,000 over 1 year ago. The brokers of the deal were Louis Lebovits and Moishe Loketch
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- Location310 north 7th street
- Loan Value$12,400,000
- Asset TypeDevelopment Site
- Parties2 Brokers
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Deal Summary
LOAN
IMAGE: Moishe Loketch, Louis Lebovits, Allan Lebovits & Pinny Loketch
DATE: 09/23/2022
ADDRESS: 310 North 7th Street
MARKET: Williamsburg, Brooklyn
ASSET TYPE: Development Site ~ BSF: 13,788
LENDER: BridgeCity Capital - Louis Lebovits, Moishe Loketch, Pinny Loketch & Allan Lebovits
LOAN AMOUNT: $12,400,000
LOAN TYPE: Construction
LOAN TERMS: 24 months + extension options; LTC 77%
NOTE FROM LENDER: 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 www.bridgecityfunding.com or send loan inquires to [email protected]
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310 north 7th street
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