Euclid Construction Refinances Multifamily Property In Jersey City For $26M With New York Community Bank

The multifamily property located at 460 Grand Street in Jersey City, NJ has recently undergone a refinancing transaction. The property consists of 82 units and is owned by Euclid Construction. The loan for this transaction was provided by New York Community Bank in the amount of $26,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $26,000,000
• Address: 460 Grand Street, Jersey City, NJ
• Units: 82
• Lender: New York Community Bank
• Landlord: Euclid Construction
• Brokers: Daniel Cohen, Zev Karpel & Sean Anderson - Meridian Capital Group

The brokers representing the transaction were Daniel Cohen, Zev Karpel, and Sean Anderson from Meridian Capital Group. They played a key role in facilitating the refinancing deal for the multifamily property at 460 Grand Street.