Jimmy Sanz Of Sanz Property Management Secures $61 Million Refinance Loan For 135-Unit Multifamily Property

The property involved in the transaction is a multifamily asset located at 8619 Bergenline Avenue in North Bergen. The building comprises 135 units with a total square footage of 110,560. The loan amount secured for this property is $61,000,000, and it is classified as a refinance.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $61,000,000
• Units: 135
• Square Footage: 110,560
• Address: 8619 Bergenline Avenue
• Market: North Bergen
• Lender: Josh Zegen & Samir Tejpaul - Madison Realty Capital
• Landlord: Jimmy Sanz - Sanz Property Management
• Brokers: Jordan Casella, Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz & Cole Grims - Walker & Dunlop

The key individuals involved in the deal represent significant players in the real estate finance and management sectors. Josh Zegen and Samir Tejpaul acted as the lenders representing Madison Realty Capital, while Jimmy Sanz represented the landlord through Sanz Property Management. The brokerage team from Walker & Dunlop, consisting of Jordan Casella, Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, and Cole Grims, was instrumental in facilitating the transaction.