HAMILTON
LOAN AMOUNT
$5,400,000
HAMILTON, NJ
SMALL BALANCE LOAN
MULTI FAMILY
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The Borrower was seeking to refinance their three, 3-story walk-up multi-family building for repositioning purpose in Hamilton, New Jersey. JLJ loan was taken out by the borrower securing additional financing.
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 August 2017
Loan Type Light Reposition
Loan Amount $5,400,000
Term 12 Months
Location Hamilton Township, NJ
Property Type Multi-Family
Gross Square Footage 61,489 sq ft
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