Passaic, NJ – Kathy Anderson and Eli Samaan arranged a $5,350,000 loan to refinance a 2-building, 4-story multifamily property located at 201 Market Street and 40 Morris Street in Passaic, NJ. The buildings, which are adjacent to one another, were constructed in 2008 and 2012. They contain 56 apartment units totaling roughly 52,550 SF on 1.13-acres.
Kathy worked with Red Capital Markets LLC to negotiate the following key terms:
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