Affinity Federal Credit Union Provides $1.5M Loan For Passaic Multifamily Property

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.