34-36 Gillette LLC Secures $3.03M Loan In Multifamily Property Deal In Newark

Located in Newark, the recently closed multifamily transaction involves the properties at 34-36 Gillette Place and 167 22nd Street. The transaction took place on December 21, 2020, and the asset type is a multifamily property.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,030,000
• Lender: Arbor Realty Trust - Geoffrey A. Platt
• Landlord: 34-36 Gillette LLC
• Broker: Pinchus Schwartz - Snco Capital

The transaction was financed by Arbor Realty Trust, with Geoffrey A. Platt representing the lender. The landlord of the properties is 34-36 Gillette LLC. Representing the deal as the broker is Pinchus Schwartz from Snco Capital.