JG Funding Corp Provides $875K Refinancing Loan For Development Site In Bergenfield, NJ

Located at 65 Thames Blvd in Bergenfield, NJ, this development site spans approximately 15,000 square feet with a building square footage of 12,000. The property is under the ownership of 65 Thames LLC.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $875,000
• Loan Type: Refinancing Loan
• Lender: JG Funding Corp - Jeremy Goldzal
• Loan Terms: 1st Lien, 12 months + extensions; I/O payment - FIXED RATE

Jeremy Goldzal of JG Funding Corp facilitated the loan for this property, providing the borrower with a loan amount of $875,000. The loan is a refinancing loan with a fixed rate and an interest-only payment structure. The terms include a 12-month duration, with the possibility of extensions, and a first lien on the property.