PROGRESS CAPITAL | Hamilton, NJ – $5,000,000
portfolio_page-template-default,single,single-portfolio_page,postid-18208,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-2.7,wpb-js-composer js-comp-ver-5.4.7,vc_responsive

Hamilton, NJ – $5,000,000

About This Project

Brad Domenico Arranges $5,000,000 To Refinance Hamilton, NJ Apartment Complex


Hamilton, NJ – Brad Domenico, Partner of Progress Capital negotiated a $5,000,000 refinance loan secured by an apartment complex in Hamilton, NJ.


The property is comprised of three (3) adjacent brick walk-up apartment buildings with a total of (48) residential units with a net rental area totaling approximately 37,200 SF. The apartments feature spacious floor plans, updated kitchens and appliances, hardwood floors and ample closet space. The property also offers a courtyard area in the center of the three buildings and features a large on-site parking lot with (48) spaces available for tenants.


Brad arranged the loan with Spencer Savings Bank with the following key terms:


  • 4.4% Fixed for 5 years
  • 10 Year Term with 5 Year Rate Reset
  • 30 Year Amortization
  • Step Down Prepay


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.


We Get You to the Closing Table – Plain and Simple #thatsPROGRESS