TD Bank Provides $6.5M Permanent Loan For 26-Unit Multifamily In West New York, NJ

The loan for the multifamily property located at 529 61st Street in West New York, NJ has been finalized. The property consists of 26 units and is part of the West New York market.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $6,500,000
• Lender: TD Bank
• Loan Type: Permanent Loan
• Loan Terms: 10-year, fixed-rate loan
• Brokers: Matthew Pizzolato, Max Custer, Gerard Quinn & Salvatore Buzzerio - JLL Capital Markets

Matthew Pizzolato, Max Custer, Gerard Quinn, and Salvatore Buzzerio from JLL Capital Markets represented both parties in this transaction. The loan, provided by TD Bank, amounts to $6,500,000 and is a 10-year, fixed-rate loan.