West Of Hudson Properties Secures $17.68M Construction Loan For Mixed-Use Property In Plainfield, NJ | 803 South Avenue | Trevian Capital | Brad Domenico, Eddie Miro | Mixed-use | Loan

Summary

Loan

NEW JERSEY

Mixed-use

A mixed-use property located at 803 South Avenue in Plainfield, NJ has recently undergone a closed transaction. The property consists of 105 units, including 104 residential units and 1 commercial unit.

Summary of transation details

Property Type: Mixed-use
Transaction Amount: $17,680,000
Address: 803 South Avenue, Plainfield, NJ
Market: Plainfield, NJ
Units: 105 (104 Residential Units & 1 Commercial Unit)

The loan for this transaction, totaling $17,680,000, was provided by Michael Hoffenberg from Trevian Capital. The construction loan was secured by the property's owners, Eyal Gagin and Abraham Gagin from West of Hudson Properties.

The brokers involved in this deal were Brad Domenico and Eddie Miro from Progress Capital, representing the parties in the transaction.

Players

All
4

Agents
2
Agencies
1
Lenders
1

$735.9M Sold

$62.2M Sold

Details

Deal Summary

FINANCED

IMAGE: Eddie Miro & Brad Domenico DATE: 12/09/2021 ADDRESS: 803 South Avenue MARKET: Plainfield, NJ ASSET TYPE: Mixed-use ~ UNITS: 105 (104 Res Units & 1 Commercial Unit) LENDER: Michael Hoffenberg (@MHoffenberg) - Trevian Capital LANDLORD: Eyal Gagin, Abraham Gagin - West of Hudson Properties BROKERS: Brad Domenico (@Domenico317) & Eddie Miro (@Eddie_Miro) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $17,680,000 LOAN TYPE: Construction

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Address803 South Avenue

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