Goldman Sachs And Morgan Stanley Provide $160 Million Refinance Loan For Mixed-Use Property In Paramus NJ

The asset involved in this transaction is a mixed-use property located in Paramus, NJ, encompassing 955,000 square feet and comprising 900 units. The loan amount secured for this asset is $160,000,000, structured as a refinance.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $160,000,000
• Loan Type: Refinance
• Lender: David Solomon - Goldman Sachs & Ted Pick - Morgan Stanley
• Landlord: David Bainbridge - Haven Capital
• Landlord's Representative: Jordan Roeschlaub, Nick Scribani, Max Ralby & Jack Fenton - Newmark

The transaction features key individuals and firms, with David Solomon and Ted Pick representing the lenders from Goldman Sachs and Morgan Stanley, respectively. David Bainbridge represents the landlord, Haven Capital, in this transaction. The landlord's interests are managed by the team from Newmark, comprising Jordan Roeschlaub, Nick Scribani, Max Ralby, and Jack Fenton.