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GAIA lands One-Year Extension on Williamsburg Multifamily Loan

GAIA Real Estate has secured an additional one-year extension of its $48-million loan with Raymond James Bank for 55 Hope, a 117-unit multifamily property in Williamsburg, Brooklyn. The extension push

Summary

GAIA Real Estate has secured an additional one-year extension of its $48-million loan with Raymond James Bank for 55 Hope, a 117-unit multifamily property in Williamsburg, Brooklyn.

The extension pushes the loan’s maturity to August 2027.

“We are pleased to continue our partnership with Raymond James at 55 Hope,” said Danny Fishman, CEO and co-founder, GAIA Real Estate....

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