Rockledge Property Group Secures $35 Million Refinance Loan For Multifamily Asset In Montclair, NJ

The asset involved in this transaction is a multifamily property located at 36 Hawthorne Place in Montclair, NJ. The loan amount secured for this property is $35,000,000, which is being utilized for refinancing purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $35,000,000
• Landlord: Rockledge Property Group
• Brokers: Simon Rosenfeld - Meridian Capital Group
• Loan Type: Refinance
• Transaction Date: 04/04/2025

Simon Rosenfeld from Meridian Capital Group represents the broker side of this transaction, indicating the professional involvement within the financing aspect of the deal facilitated for the landlord, Rockledge Property Group.