Westwood - JLJ CAPITAL

WESTWOOD

LOAN AMOUNT

$2,200,000

Lending Programs - New Jersey
WESTWOOD, NJ
Lending Solutions - Bride Lending
BRIDGE LENDING
Lending Programs - Office Space
OFFICE SPACE

THE PROJECT

The Borrower was seeking to refinance an existing loan of $1mm and to fund TI, building improvements, and leasing commissions for an office building in Westwood, New Jersey. The borrower intends to take out the JLJ loan with conventional bank financing upon stabilization.

BORROWER CREDENTIAL

Borrower has over 40 years of experience in the acquisition of residential and commercial investment properties in the Manhattan, New York City market.

TRANSACTION KEY TERMS

Closing Date June 2019

Loan Type Bridge Loan

Loan Amount $2,200,000

Term 12 Months *Two Potential One-Year Extensions

Location Westwood, NJ

Property Type Office Space

Gross Square Footage 31,384 sq ft

EXPLORE JLJ CAPITAL BRIDGE LENDING TRANSACTIONS

WESTWOOD

WESTWOOD

$2.2 MM

NORTH  WILLIAMSBURG

NORTH WILLIAMSBURG

$38.0 MM

EDGEWATER

EDGEWATER

$16.5 MM

BEXAR COUNTY

BEXAR COUNTY

$3.0 MM

RARITAN

RARITAN

$9.8 MM

PROSPECT LEFFERTS GARDEN

PROSPECT LEFFERTS GARDEN

$7.4 MM

RIVERSIDE

RIVERSIDE

$4.1 MM

FAIR LAWN

FAIR LAWN

$5.6 MM

WESTVILLE & CLEMENTON

WESTVILLE & CLEMENTON

$8.0 MM

EAST  WILLIAMSBURG

EAST WILLIAMSBURG

$7.5 MM

EXPLORE JLJ CAPITAL'S LENDING PROGRAMS

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