Closed Loans

Jersey City, NJ

$2M 10-Year 3.25% Loan Secured in Jersey City NJ

Progress Capital arranged a 10 year loan based on a 30 year amortization.  The rate was 3.25%, non-recourse. This transaction was a challenge since the seller was uncooperative in providing information. However, Progress was able to work around the situation and close within a 45 day window.

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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