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

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FINANCED
$61,000,000
Adam Schwartz
Aaron Appel
+ 5

New Jersey

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MultiFamily110,560 SF
Financed 04/01/2026
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FINANCED

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

8619 Bergenline Avenue

See Similar Deals
MultiFamily110,560 SF
Financed 04/01/2026
Adam Schwartz
Aaron Appel
+ 5
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Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$551
Total Square Footage:110,560 SF
Transaction Type:Loan

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:

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.

Players

Aaron Appel
194 deals$32.5B volume
BROKER

Jonathan Schwartz
Walker & Dunlop
168 deals$27.2B volume
BROKER

Keith Kurland
Walker & Dunlop
173 deals$29.4B volume
BROKER

Adam Schwartz
Walker & Dunlop
166 deals$25.7B volume(646) 491-8869
BROKER

Jordan Casella
Walker & Dunlop
18 deals$3.5B volume
BROKER

Cole Grims
Walker & Dunlop
4 deals$483M volume
BROKER

Madison Realty Capital
LENDER

Josh Zegen
Madison Realty Capital
46 deals$5.9B volume
ORIGINATOR

Details

FINANCED
IMAGE: Aaron Appel, Keith Kurland, Jordan Casella, Adam Schwartz, Jimmy Sanz, Cole Grims, Josh Zegen, Jonathan Schwartz & Samir Tejpaul DATE: 04/01/2026 ADDRESS: 8619 Bergenline Avenue MARKET: North Bergen ASSET TYPE: Multifamily ~ UNITS: 135 ~ SF: 110,560 LENDER: Josh Zegen (@JZegen) & Samir Tejpaul - Madison Realty Capital (@MadisonRealtyCapital) LANDLORD: Jimmy Sanz - Sanz Property Management BROKERS: Jordan Casella, Keith Kurland (@KaKurland), Aaron Appel, Jonathan Schwartz (@JSchwa1386), Adam Schwartz (@AdamSchwartz88) & Cole Grims - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $61,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$61,000,000.00

Monthly NOI$406,666.67
Monthly Debt Service$385,561.49
Change in Cash Flow$0.00
Refinance Proceeds$0.00