JLL Capital Markets Arranges $48M Loan For Multifamily Property In Elmwood Park, NJ

300 Riverfront Blvd, a multifamily property located in Elmwood Park, NJ, was recently involved in a closed transaction. The property consists of 240 units and was the subject of a three-year senior loan.

Summary of Transaction Details

• Property Type: Multifamily
• Loan Amount: $48,000,000
• Lender: Provident Bank, Investors Bank, 100 Mile Fund
• Landlord: Riverwalk III LLC
• Brokers: Thomas Didio & Thomas E. Didio, Jr - JLL Capital Markets
• Market: Elmwood Park, NJ

The lenders involved in the transaction were Provident Bank, Investors Bank, and 100 Mile Fund. The brokers representing the deal were Thomas Didio and Thomas E. Didio, Jr, from JLL Capital Markets.