Levi Block Secures $1.05M Refinance Loan For Mixed-Use Property In Westfield NJ

The mixed-use property located at 111 Laurel Place, 916 Boynton Ave, and 922 Boynton Ave in Westfield, NJ, encompasses a total area of 9,588 square feet. A refinance loan was secured for the amount of $1,050,000 to facilitate the transition from an original bridge loan.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,050,000
• Loan Type: Refinance
• Loan Terms: 5-Year Fixed, 6.37%, Non-Recourse
• Landlord: Levi Block
• Broker: Gabby Cali - Cali Capital

Gabby Cali from Cali Capital was instrumental in securing the permanent financing to take out the original bridge loan, which was also arranged by Cali Capital in January. For financing inquiries, Gabby can be contacted at 732-962-3242 or via email at [email protected].