FINANCED
John Libretti Secures $2.8M Refinance Loan For Multifamily Portfolio In Chatham, Summit & Point Pleasant
3, 5 Lum Avenue, 16 Gates Avenue & 737 Howe Street
MultiFamily
Financed 1 year ago
Summary
Loan
NEW JERSEY
MultiFamily
A loan of $2,800,000 was secured by John Libretti for Dan Gechtman's real estate portfolio, consisting of four multifamily properties located in Chatham, Summit, and Point Pleasant, NJ. The properties include 3, 5 Lum Avenue, 16 Gates Avenue, and 737 Howe Street.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,800,000
John Libretti, representing Progress Capital, acted as the broker in this refinancing deal. The lender is Manasquan Bank.
Contact John Libretti at 732-275-4839 or [email protected] for any commercial real estate financing needs.
Honest Advice | Expert Execution | progresscapital.com
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: John Libretti
DATE: 11/12/2021
ADDRESS: 3, 5 Lum Avenue, 16 Gates Avenue & 737 Howe Street
MARKET: Chatham, Summit & Point Pleasant
ASSET TYPE: Multifamily
LENDER: Manasquan Bank
LANDLORD: Dan Gechtman
BROKER: John Libretti (@JohnLibretti) - Progress Capital (@Progress.Capital)
LOAN AMOUNT: $2,800,000
LOAN TYPE: Refinance
NOTE: John Libretti secured $2.8 Million in refinancing for a client's real estate portfolio containing (4) properties located throughout New Jersey, including Chatham, Summit and Point Pleasant, NJ.
Contact John for any of your CRE financing needs...732-275-4839, [email protected]
Honest Advice | Expert Execution | progresscapital.comView on map
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Address3, 5 Lum Avenue, 16 Gates Avenue & 737 Howe Street
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