Cammebys International Group Secures $17.425 Million Acquisition Loan From Peapack Private Bank & Trust

The property asset involved in this transaction is a multifamily development located at 408 Chestnut Street, 222 Westfield Avenue East, 212-220 Westfield Avenue, 854 West Grand Street, and 127-135 East 5th Avenue in the markets of Roselle, Roselle Park, and Elizabeth, NJ. The acquisition involves a loan amount of $17,425,000 to facilitate this transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,425,000
• Lender: Joseph E. Fingerman & Zachary Bermudez - Peapack Private Bank & Trust
• Landlord: Cammebys International Group
• Loan Type: Acquisition
• Date: 12/19/2025
• Address: 408 Chestnut Street, 222 Westfield Avenue East, 212-220 Westfield Avenue, 854 West Grand Street & 127-135 East 5th Avenue
• Market: Roselle, Roselle Park & Elizabeth, NJ

The deal involves key individuals Joseph E. Fingerman and Zachary Bermudez representing Peapack Private Bank & Trust as the lenders, while Cammebys International Group serves as the landlord for this multifamily asset. This acquisition illustrates their involvement in the market, emphasizing their roles in executing this transaction.