Construction Loan Secured For Mixed-Use Property In Roselle Park, NJ | 140 West Webster Avenue | Columbia Bank | Kathy Anderson | Mixed-use | Loan

Summary

Loan

NEW JERSEY

Mixed-use

43,560 sqft

The mixed-use property located at 140 West Webster Avenue in Roselle Park, NJ has undergone a closed transaction. Spanning across 43,560 square feet, this property offers a diverse range of uses.

Summary of transaction details

Property Type: Mixed-Use
Transaction Amount: $14,950,000
Address: 140 West Webster Avenue, Roselle Park, NJ
Market: Roselle Park, NJ

The loan for this transaction was secured from Columbia Bank, with a total loan amount of $14,950,000. The loan type was specified as construction. The owner and developer of the property are The Kontos Group, consisting of Chris Kontos, Joseph Hunter, Valentino Kontos, and Maik Kontos. They were represented by Kathy Anderson from Progress Capital as their broker. Kontos Construction served as the general contractor for this project.

Players

All
3

Agents
1
Agencies
1
Lenders
1

$99.2M Sold

Details

Deal Summary

FINANCED

IMAGE: Valentino Kontos, Kathy Anderson, Maik Kontos DATE: 03/03/2023 ADDRESS: 140 West Webster Avenue MARKET: Roselle Park, NJ ASSET TYPE: Mixed-Use ~ SF: 43,560 LENDER: Columbia Bank (@Columbia.Bank) OWNER/DEVELOPER: The Kontos Group (@TheKontosGroup) - Chris Kontos (@Chris_Kontos), Joseph Hunter, Valentino Kontos (@ValentinoKontos) & Maik Kontos (@MaikKontos) BROKER: Kathy Anderson (@Money.Girl.Kathy) - Progress Capital (@Progress.Capital) GENERAL CONTRACTOR: Kontos Construction (@KontosConstruction) LOAN AMOUNT: $14,950,000 LOAN TYPE: Construction

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Address140 West Webster Avenue

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