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Bayport Closes on Mid-Construction Loan for Waterbury Conversion
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Bayport Closes on Mid-Construction Loan for Waterbury Conversion
Bayport Funding, a direct private bridge lender for real estate developers, has closed on a $1.85-million mid-construction loan to refinance a new, mixed-use conversion project in a prime location in Waterbury, CT’s central CBD. Originally constructed in 1979, the repositioned and gut-renovated commercial development will deliver a three-story, elevator-serviced building spanning 23,797 square feet, including 21 apartment units and four commerci…
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