facebook
Traded Co logo
Submit

AI Capital Lending Closes $9,850,000 Recapitalization Loan For 51-Unit Portfolio In Essex County

Property Image
FINANCED
$9,850,000

New Jersey

See Similar Deals
MultiFamily50,370 SF
Financed 04/16/2026
the dealplayerscompscontact
Property Image
FINANCED

AI Capital Lending Closes $9,850,000 Recapitalization Loan For 51-Unit Portfolio In Essex County

MultiFamily50,370 SF
Financed 04/16/2026
the dealplayerscompscontact
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$195
Total Square Footage:50,370 SF
Transaction Type:Loan

The asset involved in this transaction is a multifamily portfolio located in Essex County, consisting of 51 units with a total square footage of 50,370. The portfolio includes two stabilized multifamily properties, ten two-family homes, and two multifamily ground-up developments, with a total of 19 units, creating a diverse mix of income-producing assets.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,850,000
  • Loan Type: Recapitalization
  • Lender: Anthony Iervolino - AI Capital Lending
  • Market: Essex County
  • Number of Units: 51
  • Total Square Footage: 50,370
  • Closing Time: 16 days

Anthony Iervolino of AI Capital Lending facilitated the loan, providing a debt restructuring solution that demonstrates their capability as a direct balance-sheet lender. AI Capital Lending's “Speed Meets Delivery” philosophy was highlighted through the rapid closure of this transaction, showcasing their ability to enhance collateral support for the deal.

Players

AI Capital Lending
AI Capital Lending
LENDER
Anthony Iervolino
Anthony Iervolino
6 deals$54M volume
ORIGINATOR

Details

FINANCED
IMAGE: Anthony Iervolino DATE: 04/16/2026 MARKET: Essex County ASSET TYPE: Multifamily ~ UNITS: 51 ~ SF: 50,370 LENDER: Anthony Iervolino - AI Capital Lending (@AICapitalLending) LOAN AMOUNT: $9,850,000 LOAN TYPE: Recapitalization NOTE FROM LENDER: Speed Meets Precision: AI Capital Lending’s Latest Multifamily & Ground Up Construction Hybrid Portfolio Loan AI Capital Lending is proud to announce the successful closing of a comprehensive $9,850,000 debt restructuring loan secured by a 51-unit portfolio across New Jersey. The collateral includes two (2) stabilized multifamily properties, ten (10) two-family homes, and two (2) multifamily ground-up developments, with a total of 19 units, representing a diverse mix of income-producing assets and near-term growth potential. As a direct balance-sheet lender, AI Capital Lending has full discretion over its capital, strengthening the overall profile and enhancing collateral support for the transaction. The transaction closed in just 16 days, exemplifying the firm’s “Speed Meets Delivery” philosophy. If you or your clients have an upcoming loan maturity, or a purchase, refinance, or cash-out, AI Capital Lending, a direct balance-sheet lender, delivers speed, certainty, and reliable execution. Contact us today.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$9,850,000.00

Monthly NOI$65,666.67
Monthly Debt Service$62,258.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00