Ladder Capital Provides $18 Million Refinance Loan For The Kontos Group Multifamily In Roselle Park

The property involved in this transaction is a multifamily asset located at 140 West Webster Avenue in Roselle Park, featuring a total of 57 units. The transaction was completed with a loan amount of $18,000,000 under a refinance structure.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,000,000
• Lender: Ladder Capital
• Landlord: The Kontos Group
• Broker: Matthew Pizzolato & Josh Stein - CBRE

The transaction was represented by brokers Matthew Pizzolato and Josh Stein from CBRE, facilitating the loan refinancing process for the landlord, The Kontos Group. The lender involved in this transaction was Ladder Capital, providing the necessary financial support for the deal.