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$4.3 Loan For Ground-Up Construction Of Multi-Sports Complex

$4.3 Loan For Ground-Up Construction Of Multi-Sports Complex

It’s kick-off time for the 9.70-acre vacant lot sitting at 3324 Bargaintown Road, Egg Harbor Twp, NJ, as the site will undergo a two-stage construction project for the development of a 43,050 square foot Elite Sports Center.

On behalf of the client, Brian Anderson and Eddie Miro of Progress Capital negotiated with TD Bank and secured a $4,362,000 construction loan accompanied by favorable terms.

Elite Sports Complex, the site to-be-built features a four-season indoor athletic facility that offers a wide range of sports and other fitness activities, along with other amenities.

Arranging the financing for this project was a significant accomplishment for my client, as well as the community.  After years of needing recreational amenities for school sports, organized leagues and family activities, it’s great to have a part in making it happen for them to better the community.”

– Brian Anderson

Egg Harbor Township is the heart of Atlantic County, a large and diverse community that provides residents a suburban lifestyle and offers an array of restaurants, coffee shops, and parks to enjoy.  The property’s location allows for quick access from the Garden State Parkway.

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