FINANCED
ConnectOne Bank Provides $27M Acquisition Loan For Multifamily Property In Kearny, NJ
41-109 Belgrove Drive
MultiFamily
Financed 1 year ago
Summary
Loan
NEW JERSEY
MultiFamily
The multifamily property located at 41-109 Belgrove Drive in Kearny, NJ has recently undergone a loan transaction. The property consists of 171 units and is situated in the market of Kearny, NJ.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $27,000,000
- Address: 41-109 Belgrove Drive, Kearny, NJ
- Market: Kearny, NJ
- Units: 171
The loan for this acquisition was provided by ConnectOne Bank. The landlord, Robert Tagliareni, facilitated the transaction. Progress Capital, represented by Brad Domenico, served as the broker in the deal.
Niko Nicolaou and David Oropeza of Gebroe-Hammer Associates acted as the selling brokers in the transaction.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Brad Domenico
DATE: 10/18/2021
ADDRESS: 41-109 Belgrove Drive
MARKET: Kearny, NJ
ASSET TYPE: Multifamily ~ UNITS: 171
LENDER: ConnectOne Bank
LANDLORD: Robert Tagliareni
BROKER: Brad Domenico (@Domenico317) - Progress Capital (@Progress.Capital)
LOAN AMOUNT: $27,000,000
LOAN TYPE: Acquisition
NOTE: Niko Nicolaou (@Niko_Nicolaou), David Oropeza of Gebroe-Hammer Associates were the selling brokers in the transaction.View on map
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Address41-109 Belgrove Drive
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