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MARKET: Long Branch

Updated Feb 25, 2026

$4 Million Construction Loan Closed By Charles Saad Of CS Realty Capital In Long Branch
FINANCEDDevelopment Site

$4 Million Construction Loan Closed By Charles Saad Of CS Realty Capital In Long Branch

$4,000,000

Building Size

Asset Type

Development Site

Closing

Feb 8, 2026

About this deal

AI

The transaction involved a development site in Long Branch, NJ, with a loan amount of $4,000,000. The asset is designated for construction purposes.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $4,000,000
  • Lender: CS Realty Capital
  • Lender's Representative: Charles Saad - CS Realty Capital
  • Loan Type: Construction
  • Timeframe: 16 days start to finish

The lender's representative, Charles Saad, communicated pride in the completed transaction, emphasizing the swift closing process. CS Capital Group, LLC is noted as a nationwide direct lender actively funding various asset types.

Players

Charles Saad

CS Realty Capital

Broker

$7.3M

vol

3 deals

Broker
Charles Saad

Charles Saad

CS Realty Capital

Lender

$7.3M

vol

3 deals

Lender

Market Development Site Market Snapshot

Boundary boundary · Development Site · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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