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Development Team Secures Construction Loan for The Umbrella Factory in Brooklyn's Williamsburg Neighborhood

JLL Arranges $63.6 Million Refinancing for Mixed-Use Condo and Retail Project
The Umbrella Factory project in Brooklyn's Williamsburg neighborhood is slated to be completed in August 2020. (JLL)
The Umbrella Factory project in Brooklyn's Williamsburg neighborhood is slated to be completed in August 2020. (JLL)
By LaTora Ellis
CoStar Research
January 9, 2020 | 4:51 P.M.

Local Capital Group and SL Development secured a $63.6 million construction loan for The Umbrella Factory in Brooklyn’s Williamsburg neighborhood.

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