Matthew Linde Of Property Resources Corporation Secures $20.65M Loan From Alisa Yoch Of X-Caliber For Multifamily Acquisition
New Jersey
See Similar DealsMatthew Linde Of Property Resources Corporation Secures $20.65M Loan From Alisa Yoch Of X-Caliber For Multifamily Acquisition
1a Baird Avenue
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The transaction involves the acquisition of Paulsboro Gardens Apartments, a multifamily property located at 1a Baird Avenue in Paulsboro, NJ, consisting of 150 units. The acquisition was financed with a loan amounting to $20,650,000 for a purchase price of $20.5 million. The project will include renovations, accessibility upgrades, and infrastructure improvements commencing in early 2026.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $20,650,000
- Loan Type: Acquisition
- Lender: Alisa Yoch - X-Caliber
- Landlord: Matthew Linde - Property Resources Corporation (PRC)
- Units: 150
- Market: Paulsboro
This transaction marks PRC's first project outside of New York, highlighting their expansion into New Jersey's real estate market. Alisa Yoch from X-Caliber facilitated the financing necessary for this venture, supporting PRC in their renovation plans for the property.
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