Skip links

New Origination: Easton Yards Easton, PA.

Procida Funding & Advisors Is Pleased To Announce

A NEW ORIGINATION

TOTAL LOAN:

$10,250,000

LOAN TERM:

18 MONTHS

LOAN TYPE:

MULTIFAMILY REHAB CONSTRUCTION

The loan is being utilized to finance the development of a loft rehab construction project located at 457 West Lincoln Street, Easton, PA. The existing 93,318 square foot industrial building has been approved for the conversion to a four-story plus mezzanine, multifamily development with 72 total loft units with 80 on-site parking spaces.

OTHER LEHIGH VALLEY, PA INVESTMENTS

A BETTER WAY TO FUND YOUR COMMERCIAL REAL ESTATE PROJECT

Veteran of the industry, Billy Procida, President & CEO of Procida Funding & Advisors, discusses the current state of the economy and how to prepare for the impending recession. Billy will discuss how the high-end home market is starting to see a drop in prices and how the number of mega-projects is at an all-time high. With that said, Procida believes there are still markets where lenders should be lending, builders should be building, and how to prepare for a downturn.

A photo from The 6th Annual
Multifamily Apartment Conference presented by:

On the right Panelist Derek Weisman, Vice President of Procida Funding & Advisors spoke on Building a Successful Project from start to finish & Development Trends. On the left Mike Coen, Vice President Procida Funding & Advisors, and in the middle Chris Otteau, 3P Equity Capital.