PROGRESS CAPITAL | Washington, NJ – $4,250,000
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Washington, NJ – $4,250,000

About This Project

$4,250,000 Refinance Arranged for Multifamily Property


Washington, NJ – Brad Domenico, Partner of Progress Capital Advisors arranged $4,250,000 in financing for two conjoined multifamily buildings located in Washington, NJ. The subject property includes (45) residential apartment units and a large on-site parking lot with (75) surface parking spaces available for tenants.


The property also offers a park like setting with a large lawn area. The apartments are conveniently located near downtown Washington within walking distance to a variety of retail stores, restaurants, department stores, banking institutions, parks and more.


Brad negotiated the loan to include the following terms:

  • 80% LTV
  • 10 Year Term
  • 30 Year Amortization
  • 4% Interest Rate fixed for 5 years


Progress Capital is a leading Commercial Mortgage Brokerage Firm specializing in arranging debt for commercial real estate owners, operators and developers. Since 1990, Progress has successfully closed in excess of $40 Billion in commercial loans and directly funded over $150 Million. #thatsPROGRESS