Success Stories
$73.5MM refinance/acquisition bridge loan on an 8 property portfolio in Northern and Central New Jersey
- A 12.19-acre mixed-use pre-development site totaling 2.68 million square feet designated for a residential, commercial, retail and self -storage in Harrison, with a 1400-stall commuter parking lot
- Two 56,000 square-foot industrial storage buildings in Kearny and Boonton
- A Class A light industrial flex building on 3.1 acres leased long - term to a blue-chip tenant
- A fully renovated 85,000-square-foot flex facility on 4.89 acres in Harrison
- A retail fast food facility net leased to a credit tenant in Harrison
- Three-acre parcel of land in Kearny
- A mixed-use retail and outdoor storage facility in Brick
$1,050,000 twenty-four month four month bridge loan
Secured by a 2.2 acre industrial property with a 6,682 square foot steel frame building with 4 drive in doors
Edison, NJ
$2,235,000 refinance with 50% of the loan proceeds cash-out
- 7 Year fixed rate loan at 3.68%, non-recourse
- The loan was secured by a three building, 50 unit garden apartment complex
$32.9MM bridge loan for the acquisition of a 48,497-s.f. industrial flex facility on 3.05 acres
Refinance of 7 contiguous parcels on 12.19 acres with 1,200 commuter parking spaces for pre-development of a $650 million mixed use project
Harrison, NJ
$43.1MM bridge loan to refinance an industrial business park
Collateral: 2 industrial warehouse/distribution centers with 522,670 s.f. of ground floor and mezzanine storage space,16 30-ton craneways and 14’ to 80’ ceilings, plus a 70,000-s.f. office/television production studio on 32.1 acres
Harrison, NJ
$4MM refinance for a 61,600-s.f. industrial warehouse/distribution property with 14’ to 20’ ceilings and 15 bays on 4.14 acres
Kearny, NJ
$2,325,000 acquisition financing that closed in just 26 days
Light industrial property on 7.40 acres of reinforced land with a 2,302 - s.f. office building
Northeast quadrant of Houston, TX