Brad Domenico of Progress Capital Advisors arranged $29,000,000 in financing for a 240 unit MF property in the suburban submarket of Hardyston, NJ. The property is family owned and operated for over 25 years and the borrower was able to lock in a market rate while achieving a $5 Million cash out.
The loan included the following terms:
Progress Capital Advisors loan programs include Fixed Rate Loans, Construction and Specialty Financing as well as Directly Funded Bridge Loans. With over $40 Billion in closed loans and $100 Million in bridge and direct lending, we will get you to the closing table … plain and simple – #thatsPROGRESS
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