Matthew Linde Of Property Resources Corporation Secures $20.65M Loan From Alisa Yoch Of X-Caliber For Multifamily Acquisition

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.