facebook
Traded Co logo
Submit

Greystone Provides $15 Million Refinance Loan To Solar Prisim For Metuchen Multifamily Asset

Property Image
FINANCED
$15,000,000

New Jersey

See Similar Deals
MultiFamily101,822 SF
Financed 04/16/2025
the dealplayerscompscontact
Property Image
FINANCED

Greystone Provides $15 Million Refinance Loan To Solar Prisim For Metuchen Multifamily Asset

185 West Kelly Street

See Similar Deals
MultiFamily101,822 SF
Financed 04/16/2025
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$147
Total Square Footage:101,822 SF
Transaction Type:Loan

The property involved in this transaction is located at 185 West Kelly Street, Metuchen. It is classified as a multifamily asset comprising 56 units, with a total square footage of 101,822. The loan amount for this refinance transaction is $15,000,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $15,000,000
  • Asset Address: 185 West Kelly Street
  • Market: Metuchen
  • Units: 56
  • Square Footage: 101,822
  • Lender: Greystone
  • Landlord: Solar Prisim
  • Broker Representatives: Bryan Grover & Miryam Reinitz-Kops - Greystone
  • Loan Type: Refinance

The key individuals involved in this transaction include Bryan Grover and Miryam Reinitz-Kops, who represent Greystone as the brokers for the deal. They played an essential role in the refinancing of the asset owned by Solar Prisim.

Players

Bryan Grover
33 deals$5.9B volume(914) 450-5729
BROKER

Miryam Reinitz-Kops
Greystone
7 deals$788.4M volume
BROKER

Miryam Reinitz-Kops
7 deals$788.4M volume
BROKER

Greystone
LENDER

Details

FINANCED
IMAGE: Bryan Grover & Miryam Reinitz-Kops DATE: 04/16/2025 ADDRESS: 185 West Kelly Street MARKET: Metuchen ASSET TYPE: Multifamily ~ UNITS: 56 ~ SF: 101,822 LENDER: Greystone LANDLORD: Solar Prisim BROKERS: Bryan Grover (@Bryan.Grover) & Miryam Reinitz-Kops - Greystone (@Greystonecref) LOAN AMOUNT: $15,000,000 LOAN TYPE: Refinance

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$15,000,000.00

Monthly NOI$100,000.00
Monthly Debt Service$94,810.20
Change in Cash Flow$0.00
Refinance Proceeds$0.00