Closed Loans

$4.3 Million Bridge Loan Secured for Turnersville, NJ Land Predevelopment

$4.3 Million Bridge Loan Secured for Turnersville, NJ Land Predevelopment

Brian Anderson arranged a $4,300,000 bridge loan for land redevelopment located at 147 Johnson Road in Turnersville, NJ.

The loan will be used to kickoff predevelopment construction for a proposed three story senior housing project to consist of 204-units, 221-beds (95 independent living units, 78 assisted living beds and 48 memory care beds) with 186 parking spaces.

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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