Bayport Funding provides $4.85M loan for mixed-use development in Elizabeth
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Bayport Funding provides $4.85M loan for mixed-use development in Elizabeth
Bayport Funding, a Great Neck, N.Y.-based bridge lender for real estate developers, has provided a $4.85 million refinance and construction loan for nearly 20,000 square feet of mixed-use development comprising 15 residential units on Broad Street in Elizabeth. The building was identified by the developer as ideal for adaptive reuse into transit-oriented, workforce housing with ground-floor retail offerings. “North Jersey is one of the countr…
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