PROGRESS CAPITAL | Jersey City, NJ – $2,000,000
18840
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Jersey City, NJ – $2,000,000

Category
Multi-Family
About This Project

$2 Million Refinance Secured for Jersey City Multifamily Property

 

Jersey City, NJ – Brad Domenico arranged $2,000,000 to refinance a multifamily building located at 9 Bentley Avenue in Jersey City.

 

The four-story multifamily apartment building consists of 17 residential units and is situated in the West Side neighborhood close to McGinley Square.

 

Brad worked with Red Capital Markets LLC to negotiate the following key terms:

 

  • 4.47% Fixed for 5 Years
  • 80% LTV
  • 30 Year Amortization
  • Non-Recourse

 

Progress Capital is a leading Commercial Mortgage Banking firm specializing in arranging debt for commercial real estate owners 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