Tay Investment Secures $32 Million Bridge Loan From BHI For East Orange Multifamily Property

The property asset involved in this transaction is located at 431 Dr. Martin Luther King Jr Boulevard in East Orange. This multifamily asset comprises 116 units and is associated with a loan amount of $32,000,000 structured as a bridge loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $32,000,000
• Address: 431 Dr. Martin Luther King Jr Boulevard
• Market: East Orange
• Units: 116
• Lender: BHI (Bank Hapoalim)
• Lender's Representatives: Ilana Druyan & David Kesselman
• Landlord: Tay Investment
• Landlord's Representative: Yuval Shram
• Loan Type: Bridge

Key individuals involved in this transaction include Ilana Druyan and David Kesselman representing the lender, BHI (Bank Hapoalim), while Yuval Shram represents Tay Investment as the landlord in this loan deal.