Closed Loans

$1 Million Refinance for Office Building in Livingston, NJ

Kathy Anderson arranged $1,000,000 to refinance a professional/office property located at 104 Dorsa Avenue in Livingston, NJ. The 8,945 SF building is 1-story and has parking for approximately 40 cars. The property sits on .86 acres and is fully air conditioned throughout.

Kathy worked with First Bank to negotiate the following key terms:

  • 7% Fixed for 7 Years
  • 25 Year Amortization
  • 70% LTV

Progress Capital is a commercial real estate advisory company serving clients since 1990. With over $40 Billion in closed loans and $150 Million of directly funded bridge loans, we will get you to the closing table… Plain and Simple. #thatsProgress

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