JLL Brokers $97.25M Loan For LeCesse Development Corporation & MAS Development Group's Multifamily In Elizabeth

100 Union St Elizabeth, NJ 07202, USA

$97,250,000

$353/SF

Building Size

275,206 SF

Asset Type

MultiFamily

Closing

May 12, 2023

AI

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.

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