Affinity Federal Credit Union Provides $1.5M Loan For Passaic Multifamily Property | 308 Sherman Street | Affinity Federal Credit Union | Caillin Boles | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

9,984 sqft

A multifamily property located at 308 Sherman Street in Passaic has recently undergone a closed transaction. The property, featuring multiple residential units, was involved in a loan deal.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,500,000
Market: Passaic
Lender: Affinity Federal Credit Union
Landlord: Steven Hess & Scott Seale
Broker: Caillin Boles - Progress Capital

The loan for this property was provided by Affinity Federal Credit Union. The landlords involved in the transaction are Steven Hess and Scott Seale. The broker representing the deal is Caillin Boles from Progress Capital.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Caillin Boles

Financial Analyst

$15.1M Sold

Progress Capital

Affinity Federal Credit Union

Details

Deal Summary

FINANCED

IMAGE: Caillin Boles DATE: 11/27/2020 ADDRESS: 308 Sherman Street MARKET: Passaic ASSET TYPE: Multifamily LENDER: Affinity Federal Credit Union LANDLORD: Steven Hess & Scott Seale BROKER: Caillin Boles @CBoles21 - Progress Capital @Progress.Capital LOAN AMOUNT: $1,500,000 LOAN TERMS: 3.50% Fixed for 7 Years, 30 Year Amortization, No PPP

View on map

Address308 Sherman Street

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want