Bravo Property Trust has provided $46 million of financing to complete the construction of the 128-unit Allora apartment property at 281-289 Broadway in Bayonne, N.J. The short-term loan, which amounts to roughly 70 percent of the cost to construct the 14-story property, is designed to be taken out eventually with a permanent loan, likely through […]

The post Bravo Property Trust Lends $46Mln for Bayonne, N.J., Apartments appeared first on Commercial Real Estate Direct.