Haven Savings Bank Provides $6.75M Acquisition Loan For Hoboken Multifamily Property
FINANCED
$6,750,000
New Jersey
See Similar DealsMultiFamily
Financed 04/26/2022
FINANCED
Haven Savings Bank Provides $6.75M Acquisition Loan For Hoboken Multifamily Property
Hoboken, New Jersey, United States
See Similar DealsMultiFamily
Financed 04/26/2022
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Loan
A multifamily property in Hoboken, NJ has been acquired with a loan from Haven Savings Bank. The property consists of 16 units and the transaction took place on 04/26/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,750,000
- Market: Hoboken, NJ
- Units: 16
The loan for the acquisition was provided by Haven Savings Bank. The brokers involved in the deal were Brian Anderson from Progress Capital and Jordan Sobel from Cushman & Wakefield.
Players
LENDER
Details
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
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,750,000.00
Monthly NOI$45,000.00
Monthly Debt Service$42,664.59
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions