Bravo Property Trust Closes $68 Million Senior Construction Loan for 180-Unit Waterfront Development in Bayonne, New Jersey

New York, NY - July 6, 2026 - Bravo Property Trust, a privately held commercial real estate financing platform, today announced the closing of a $68,000,000 senior construction loan for the ground-up development of a 180-unit luxury multifamily project in Bayonne, New Jersey. The financing will fund the construction of a new waterfront community in one of the New York metro area's most active residential corridors.

The loan gives the sponsor the capital certainty to break ground and deliver new housing supply to a Northern New Jersey submarket defined by steady demand and limited new inventory.

"Construction financing today rewards lenders who can move quickly and structure with conviction, and that is exactly what this closing demonstrates," said Aaron Krawitz, CEO of Bravo Property Trust. "Bayonne's waterfront is attracting serious long-term investment, and we were proud to give this sponsor the certainty to build."

"As capital markets continue to evolve, experienced sponsors increasingly value lenders that can provide multiple financing solutions and serve as long-term partners throughout the life of an investment," said Gabi Moshayev, Chairman and Co-Founder of Bravo Property Trust.

Since its inception, Bravo Property Trust has financed more than $1 billion of primarily multifamily and healthcare real estate transactions nationwide.