FAIR LAWN
LOAN AMOUNT
$5,600,000
FAIR LAWN, NJ
BRIDGE LENDING
OFFICE SPACE
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The loan was for the purchase of a 137,709 SF office building that was previously owned by a fund out of Morristown, NJ. The loan was paid as agreed until maturity and then paid off through refinancing.
Borrower is the founder and president of two private real estate investment companies that have successfully completed a program of acquisition and finance of an investment portfolio of over $250M.
Closing Date October 2017
Loan Type Acquisition
Loan Amount $5,600,000
Term 12 Months *6-Month Extension Option
Location Fair Lawn, NJ
Property Type Industrial/Office building
Gross Square Footage 137,709 sq ft
EXPLORE JLJ CAPITAL'S LENDING PROGRAMS
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