RIVERSIDE
LOAN AMOUNT
$4,150,000
RIVERSIDE, NJ
BRIDGE LENDING
MULTI-FAMILY
Previous
Next
The Borrower was seeking to refinance an existing multi-family property for repositioning purpose in Riverside, New Jersey. JLJ loan will be taken out by permanent financing after rent increases and or a sale of the property.
Borrower has been in the real estate industry for over 15 years. With a focus on long-term ownership and high-quality multi-family assets in economically strong markets, and a current portfolio of over 2,500 residential and commercial units, the borrower has been one of the most active buyers in the New Jersey-Delaware housing market over the past ten years. He has done multiple transactions with JLJ Capital.
Closing Date November 2017
Loan Type Light Reposition
Loan Amount $4,100,000
Term 12 Months *One 6-Month Extension Option
Location Riverside, NJ
Property Type Multi-Family
Gross Square Footage 30,000 sq ft
EXPLORE JLJ CAPITAL'S LENDING PROGRAMS
Menu