Ladder Capital Provides $18 Million Refinance Loan For The Kontos Group Multifamily In Roselle Park
FINANCED
$18,000,000
New Jersey
See Similar DealsMultiFamily
Financed 12/17/2025
FINANCED
Ladder Capital Provides $18 Million Refinance Loan For The Kontos Group Multifamily In Roselle Park
140 West Webster Avenue
See Similar DealsMultiFamily
Financed 12/17/2025
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Loan
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.
Players
BROKERAGE
LENDER
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$18,000,000.00
Monthly NOI$120,000.00
Monthly Debt Service$113,772.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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