JLL Capital Markets Secures $11.8M Construction Loan For West New York Multifamily Property | 6116 Harrison Place | Cathay Bank | Salvatore Buzzerio, Gerard Quinn, Max Custer, Matthew Pizzolato | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

The property involved in this transaction is a Multifamily asset located at 6116 Harrison Place in West New York, NJ. It consists of 48 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $11,800,000
Address: 6116 Harrison Place, West New York, NJ
Market: West New York, NJ
Lender: Cathay Bank
Loan Type: Construction Loan
Loan Terms: three-year, floating-rate

The deal was facilitated by the brokers Matthew Pizzolato, Max Custer, Gerard Quinn, and Salvatore Buzzerio from JLL Capital Markets.

Players

All
6

Agents
4
Agencies
1
Lenders
1

$159.5M Sold

$305M Sold

$13.5M Sold

$162M Sold

Details

Deal Summary

FINANCED

IMAGE: Matthew Pizzolato, Max Custer, Gerard Quinn & Salvatore Buzzerio DATE: 11/09/2022 ADDRESS: 6116 Harrison Place MARKET: West New York, NJ ASSET TYPE: Multifamily ~ UNITS: 48 LENDER: Cathay Bank BROKERS: Matthew Pizzolato, Max Custer (@GeneralCusta), Gerard Quinn & Salvatore Buzzerio (@SalBuzzerio) - JLL Capital Markets (@JLL) LOAN AMOUNT: $11,800,000 LOAN TYPE: Construction Loan LOAN TERMS: three-year, floating-rate

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Address6116 Harrison Place

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