Provident Bank Provides $6M Loan For Industrial Property In Totowa

A loan of $6,000,000 was secured for an industrial property located at 930 Riverview Drive in Totowa. The property has a total square footage of 225,000 square feet and is owned by Tulfra Real Estate, represented by Sonny Jumani. The loan was provided by Provident Bank, with Robert McKee as the lender's representative. The deal was facilitated by Janet Proscia and David Turley of Cronheim Mortgage.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,000,000
• Address: 930 Riverview Drive, Totowa
• Market: Totowa
• Asset Size: 225,000 square feet
• Lender: Provident Bank - Robert McKee
• Landlord: Tulfra Real Estate - Sonny Jumani
• Brokers: Janet Proscia & David Turley - Cronheim Mortgage

Janet Proscia, Sonny Jumani, and David Turley played key roles in the deal, representing the respective parties involved. Their expertise and negotiation skills were instrumental in finalizing the loan agreement.