Bridgeinvest Provides $16.1M Acquisition Loan For Development Site In Carneys Point

A development site located at 1, 3, 4, & 7 Collins Drive in Carneys Point has been involved in a recent transaction. The property spans an area of 586,000 square feet and is categorized as a development site. The transaction took place on 12/22/2022.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $16,100,000
• Lender: Bridgeinvest
• Landlord: D2 Organization
• Landlord's Representative: Jack Cortese & David Frankel - D2 Capital Advisors
• Loan Type: Acquisition Loan

Jack Cortese and David Frankel from D2 Capital Advisors represented the landlord, D2 Organization, in this transaction. The loan in the amount of $16,100,000 was provided by Bridgeinvest for the acquisition of the development site at 1, 3, 4, & 7 Collins Drive.