Holmdel, NJ – Kathy Anderson, Partner at Progress Capital, negotiated $37.5 Million construction to permanent loan for the development of Holmdel Plaza. The subject property is a 235,000 sf single-level open air lifestyle shopping center which sits upon 38 acres at the site of the former Lily Tulip Factory.
Progress Capital is a leading Commercial Mortgage Banking firm specializing in arranging debt for commercial real estate owners and residential developers. Since 1990, Progress has successfully closed in excess of $40 Billion in commercial loans and deployed over $150 Million through their direct lending platform, Progress Direct.
We Get You to the Closing Table… Plain and Simple… #thatsPROGRESS