George Capodagli's Capodagli Property Company Secures $285.7M Refinance Loan From PGIM

The asset involved in this transaction is a multifamily property located at 209 Valley Street, 261 Wanaque Avenue, 1001 West Elizabeth Avenue, and 110 Bergen Turnpike in the markets of South Orange, Pompton Lakes, Linden, and Little Ferry. The total loan amount secured for this refinance is $285,700,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $285,700,000
• Lender: PGIM
• Landlord: George Capodagli - Capodagli Property Company
• Landlord's Representative: Drew Fletcher, Bryan Grover, Jesse Kopecky & Miryam Reinitz-Kops - Greystone

This transaction involved a partnership between PGIM as the lender and George Capodagli representing the Capodagli Property Company. The professionals involved from Greystone offer experienced representation in the refinancing process, showcasing a collaborative effort to enhance the property holdings within these New Jersey markets.