PROGRESS CAPITAL | Jersey City, NJ – $2,000,000
13454
portfolio_page-template-default,single,single-portfolio_page,postid-13454,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

Jersey City, NJ – $2,000,000

Category
Multi-Family
About This Project

Jersey City, NJ

Progress Capital arranged a 10 year loan based on a 30 year amortization.  The rate was 3.25%, non-recourse.  This transaction was a challenge since the seller was uncooperative in providing information.  However, Progress was able to work around the situation and close within a 45 day window.