Investors Bank Provides $31.05M Refinance Loan For Multifamily Property In Hamburg, NJ With Landlord Nick Rizzo

Investors Bank has provided a refinancing loan of $31,050,000 for a multifamily property located at 3331 Route 94 in Hamburg, NJ. The property, spanning 37 acres, consists of 240 units. The loan was secured by the landlord, Nick Rizzo.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $31,050,000
• Address: 3331 Route 94, Hamburg, NJ
• Market: Hamburg, NJ
• Units: 240
• Acres: 37
• Lender: Investors Bank
• Landlord: Nick Rizzo
• Brokers: Brad Domenico & Gabby Cali - Progress Capital

Brad Domenico and Gabby Cali from Progress Capital represented the parties involved in the deal.