Updated Sep 14, 2026
Natixis Provides $158M Loan For Multifamily Property At 7601 River Road In North Begen
7601 River Road, North Bergen, NJ, USA
$158,000,000
$60,769/SF
Building Size
2,600 SF
Asset Type
MultiFamily
Closing
Sep 30, 2020
About this deal
AI
A multifamily property located at 7601 River Road in North Bergen has recently been involved in a loan transaction. The loan was provided by natixis''>Natixis to the landlord, Post Brothers, for an amount of $158,000,000. The transaction took place on 10/01/2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $158,000,000
- Lender: Natixis
- Landlord: Post Brothers
- Broker: Russell Schildkraut - Ackman-Ziff Real Estate Group LLC
Russell Schildkraut from Ackman-Ziff Real Estate Group LLC represented the parties involved in this loan transaction. The property, located at 7601 River Road in North Bergen, was successfully secured with a loan amount of $158,000,000 from Natixis. Post Brothers is the landlord of this multifamily asset.
On the Map
$158,000,000
$60,769/SF
MultiFamily
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Players
North Bergen MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.10%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93