Updated Aug 10, 2026
Michael J. Gefter Secures $6,069,375 Loan For Hotel In Hightstown At 460 Route 33 E
460 Route 33 E
$6,069,375
$149/SF
Building Size
40,524 SF
Asset Type
Hotel
Closing
Nov 20, 2023
About this deal
AI
The asset involved in this transaction is a hotel located at 460 Route 33 E in Hightstown. The loan amount associated with this property is $6,069,375.00.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $6,069,375.00
- Address: 460 Route 33 E
- Market: Hightstown
- Brokers: Michael J. Gefter
Michael J. Gefter represents the broker involved in this transaction, facilitating the loan arrangement for the hotel property in Hightstown.
The hotel loan at 460 Route 33 E in Hightstown, New Jersey financed for $6.1M in 2023. The building is 40,524 square feet, implying about 149 per square foot on the published price. Michael Gefter, Wolf Investment Partners, BOK Financial appear on the loan alongside Wolf Investment Partners, BOK Financial. This page is the Hightstown, New Jersey file for the 460 Route 33 E hotel financed: pricing, party profiles, and other closed hotel comps from the same Hightstown sit in the Market section below. Filter that Hightstown hotel set by closing date to see what else financed near 460 Route 33 E around 2023. Published consideration for 460 Route 33 E is $6.1M, dated 2023. Cite this Michael J. Gefter Secures $6,069,375 Loan For Hotel In Hightstown At 460 Route 33 E loan when underwriting similar hotel product around Hightstown, New Jersey.
Players
Hightstown Hotel Market Snapshot
Boundary boundary · Hotel · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.61%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93