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Filler Capital Secures $15.1M Refinance Loan For 95,000 Square Foot Industrial Property In Carteret

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FINANCED
$15,100,000

New Jersey

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Industrial95,000 SF
Financed 11/13/2025
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FINANCED

Filler Capital Secures $15.1M Refinance Loan For 95,000 Square Foot Industrial Property In Carteret

100 Middlesex Avenue

See Similar Deals
Industrial95,000 SF
Financed 11/13/2025
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$158
Total Square Footage:95,000 SF
Transaction Type:Loan

The property asset involved in the transaction is an industrial facility located at 100 Middlesex Avenue, Unit 4, Carteret, NJ 07008, encompassing a total square footage of 95,000. The transaction relates to a refinance loan amounting to $15,100,000, which signifies the financial arrangement undertaken for the property.

Summary of transaction details:

Key individuals involved in the transaction include Isaac Filler, Yossi Koschitzki, Michael Neumann, and the entire Filler Capital team, which also features Steve Edelstein, Moe Rosenblum, Shaya Hirtz, and Jordan Gellman. The transaction highlights Filler Capital’s capacity to secure advantageous loan terms through strategic negotiation and established lender relationships.

Players

Isaac Filler
77 deals$1.7B volume
BROKER

Yossi Koschitzki
Filler Capital
63 deals$1.3B volume
BROKER

Michael Neumann
Filler Capital
35 deals$516.7M volume(516) 367-0440
BROKER

Details

FINANCED
IMAGE: Isaac Filler, Yossi Koschitzki & Michael Neumann DATE: 11/14/2025 ADDRESS: 100 Middlesex Avenue MARKET: Carteret ASSET TYPE: Industrial ~ SF: 95,000 LENDER: Provident Bank BROKERS: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital (@FillerCapital) LOAN AMOUNT: $15,100,000. LOAN TYPE: Refinance NOTE FROM BROKER: Filler Capital LLC is pleased to announce the successful closing of the refinance of the industrial property located at 100 Middlesex Avenue, Unit 4, Carteret, NJ 07008. The 95,000-square-foot facility underscores Filler Capital’s ability to deliver tailored financing solutions by leveraging strong lender relationships and structuring terms that align seamlessly with our clients’ business objectives. As part of this transaction, we negotiated a second mortgage provided by Provident Bank on top of the original financing we arranged three years ago, bringing the total principal balance to $15,100,000. By keeping the first mortgage in place and layering in a strategic second, we optimized structure, pricing, and flexibility for the borrower—delivering a solution that maximized proceeds without disturbing a favorable first-position loan. A special thank-you to our valued capital partners, including Provident Bank, and to the Filler Capital team—Isaac Filler, Yossi Koschitzki, Steve Edelstein, Moe Rosenblum, Shaya Hirtz, Jordan Gellman, and Michael Neumann—for their dedication and flawless execution.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$15,100,000.00

Monthly NOI$100,666.67
Monthly Debt Service$95,442.27
Change in Cash Flow$0.00
Refinance Proceeds$0.00