M&T Realty Capital Provides $24M Loan For Linden Multifamily Property

The multifamily property located at 1120 E. Saint Georges Ave in Linden has been involved in a recent closed transaction. This property consists of 113 units and is situated in the Linden market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $24,000,000
• Loan Amount: $24,000,000
• Loan Terms: The 10-year loan has an interest-only term of 60 months and a 30-year amortization.
• Lender: M&T Realty Capital
• Broker: Joseph Belgiovine - Marcus & Millichap Capital Corporation

In this transaction, the lender for the loan was M&T Realty Capital. Joseph Belgiovine from Marcus & Millichap Capital Corporation served as the broker representing the parties involved.