David Weiss borrows $6M from Popular Bank for property in Kensington

October 17, 2019 4:23 am

David Weiss through the entity Goldwise Realty LLC as borrower signed a loan agreement with lender Popular Bank valued at $5.5 million for 4 parcels, including the tax class retail building with apartments above (K4) at 1801 51st Street, 5013 18th Avenue, 5007 18th Avenue, 5005 18th Avenue in Kensington. The deal closed on October 4, 2019 and was recorded on October 16, 2019.
The property contains a total of 4,800 square feet of built space.
The average loan per buildable square foot is $327.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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