John Harrington Arranges $46.5M Loan Through Citigroup For Soldier Hill Commons

Soldier Hill Commons is a newly developed multifamily property located in Paramus, New Jersey. The property features 140 Class-A units spread across three buildings on a spacious 35-acre site. Residents can enjoy upscale amenities such as pool facilities and gourmet kitchens.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $46,500,000
• Address: 1-5 Soldier Hill Road
• Market: Paramus
• Lender: Citigroup
• Broker: John Harrington - HKS Real Estate Advisors

HKS Real Estate Advisors, led by John Harrington, successfully arranged a $46.5 million CMBS loan through Citigroup for the financing of Soldier Hill Commons. The loan was secured for a reputable family-owned development company with vast real estate experience in New York, New Jersey, and Connecticut. This deal highlights HKS's expertise in arranging various forms of debt and equity financing, as well as providing investment sales advisory services.