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Kearny Bank Provides $19.12 Million Refinance For Life Sciences R&D Office In Cranbury

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FINANCED
$19,125,000
Yossi Koschitzki
Isaac Filler
Michael Neumann

New Jersey

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Life Sciences76,887 SF
Financed 01/29/2026
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FINANCED

Kearny Bank Provides $19.12 Million Refinance For Life Sciences R&D Office In Cranbury

Life Sciences76,887 SF
Financed 01/29/2026
Yossi Koschitzki
Isaac Filler
Michael Neumann
the dealplayerscompscontact
Contact now

Summary

Asset Type:Life Sciences
Price Per Square Foot:$248
Total Square Footage:76,887 SF
Transaction Type:Loan

The transaction involves a loan for a 76,887-square-foot R&D office building located in Cranbury, positioned within a premier life science and commercial park that encompasses approximately 1.3 million square feet across 12 buildings. The loan amount is $19,125,000 and is classified as a refinance, providing 75% loan-to-value financing.

Summary of transaction details:

The financing arrangement reflects a competitive market environment with the collaboration and exceptional execution provided by Noah Littell. Filler Capital LLC acknowledges the efforts of its team members, including Isaac Filler, Yossi Koschitzki, Michael Neumann, Steve Edelstein, Moe Rosenblum, Shaya Hirtz, and Jordan Gellman, for their diligence throughout the closing process.

Players

Isaac Filler
Filler Capital
Isaac Filler
77 deals$1.7B volume
BROKER
Yossi Koschitzki
Filler Capital
Yossi Koschitzki
63 deals$1.3B volume
BROKER
Michael Neumann
Filler Capital
Michael Neumann
35 deals$516.7M volume(516) 367-0440
BROKER
Kearny Bank
Kearny Bank
LENDER

Details

FINANCED
IMAGE: Isaac Filler, Yossi Koschitzki, Michael Neumann & Noah Littell DATE: 01/29/2026 MARKET: Cranbury ASSET TYPE: Life Sciences ~ SF: 76,887 LENDER: Noah Littell - Kearny Bank (@Kearny_Bank) BROKERS: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital LOAN AMOUNT: $19,125,000 LOAN TYPE: Refinance NOTE FROM BROKER: Filler Capital LLC is pleased to announce the successful closing of a $19,125,000 loan for a 76,887-square-foot R&D office building, located within a premier life science and commercial park spanning approximately 1.3 million square feet across 12 buildings. The loan was closed at a competitive spread and provided 75% loan-to-value financing. The property features a highly versatile mix of office, laboratory, and light industrial space and is strategically located in the Exit 8A submarket, one of Central New Jersey’s most critical corridors for research, logistics, and innovation. Its proximity to major highways and key urban centers makes it particularly attractive to tenants requiring high-functioning, mission-critical space. The financing was provided by Kearny Bank, with special thanks to Noah Littell for his trust, collaboration, and exceptional execution throughout the process. Filler Capital extends its gratitude to our capital partners and the Filler Capital team — Isaac Filler, Yossi Koschitzki, Michael Neumann, Steve Edelstein, Moe Rosenblum, Shaya Hirtz, and Jordan Gellman - for their dedication and flawless execution.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$19,125,000.00

Monthly NOI$127,500.00
Monthly Debt Service$120,883.01
Change in Cash Flow$0.00
Refinance Proceeds$0.00