Nate Lowy Of Juniper Capital Group Secures $23.3M Loan For Woodmont Square Apartments

The acquisition financing of $23.3 million was secured by Juniper Capital Group for Woodmont Square, a 100-unit apartment community located at 100 Bellis Court, Bridgewater, NJ. The property boasts amenities such as quartz countertops, stainless steel appliances, a gym, clubhouse, game room, basketball courts, and electronic keyless entry systems within the Bridgewater market.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $23,300,000.00
• Borrower's Representative: Nate Lowy (Juniper Capital Group)
• Lender: Unknown Bank

Nate Lowy of Juniper Capital Group facilitated the 10-year loan through a local bank on behalf of the borrower, a local investor. The financing terms include a 4 percent interest rate for the acquisition of Woodmont Square.