JLL Brokers $97.25M Loan For LeCesse Development Corporation & MAS Development Group's Multifamily In Elizabeth | 100 Union Street | Argentic Real Estate Investment | Benjamin Morgenthal, Gerard Quinn, Michael Klein, Steven (Steve) Klein | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

275,206 sqft

The multifamily property located at 100 Union Street in Elizabeth has been involved in a recent loan transaction. The property consists of 267 units and is owned by LeCesse Development Corporation and MAS Development Group.

Summary of transaction details

Property Type: Multifamily
Loan Amount: $97,250,000
Address: 100 Union Street
Market: Elizabeth
Units: 267

The loan for this property was provided by Argentic. The brokers involved in this transaction were Steven Klein, Michael Klein, Gerard Quinn, and Benjamin Morgenthal from JLL.

Players

All
6

Agents
4
Agencies
1
Lenders
1

$305M Sold

Senior Managing Director

$174.1M Sold

Steven (Steve) Klein

Managing Director

$40M Sold

JLL

Argentic Real Estate Investment

Details

Deal Summary

FINANCED

IMAGE: Steven Klein, Michael Klein, Gerard Quinn & Benjamin Morgenthal DATE: 05/12/2023 ADDRESS: 100 Union Street MARKET: Elizabeth ASSET TYPE: Multifamily ~ UNITS: 267 LENDER: Argentic LANDLORD: LeCesse Development Corporation & MAS Development Group BROKERS: Steven Klein, Michael Klein, Gerard Quinn & Benjamin Morgenthal - JLL (@JLL) LOAN AMOUNT: $97,250,000

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Address100 Union Street

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