The property involved in this closed transaction is a multifamily property located at 22 Rutgers Ave in Jersey City. The transaction took place on 08/04/2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $530,000
• Market: Jersey City

The lender in this transaction is Hakimian Capital, represented by Aaron Namdar and Daniel Nadri. The loan amount provided was $530,000, and it was a refinance loan with a 30-year fixed rate term.

Hakimian Capital offers a loan program for acquisitions and refinances of investment properties, including single-family homes, 2-to-4-unit townhomes, and condominium units. The loan program provides a fixed rate, allowing borrowers to lock in a rate as low as 3.75%, protecting them from potential rate increases in the future. The loan offers leverage up to 80% loan-to-value (LTV).

No tax returns are required for this loan. Borrowing entities such as LLCs, LPs, Trusts, and Corporations (non-owner occupied) are eligible. The loan amounts range from $200,000 to $3,000,000.

For more information or to get an instant quote, you can contact Aaron Namdar, the Senior Loan Officer at Hakimian Capital. His contact details are as follows:

Name: Aaron Namdar

Agency: Hakimian Capital

Cell: 516 642 7664

Office: 212 302 4066

Email: [email protected]