Shimon Eisikowicz & Garrett Litvak Of Cross River Bank Provide $10.875M Loan For Vineland Multifamily

The transaction involves a multifamily asset located at 1890 South Lincoln Avenue in Vineland, NJ. The property comprises 101,222 square feet and includes 104 residential units. The total loan amount for this acquisition is $10,875,000.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $10,875,000
• Address: 1890 South Lincoln Avenue
• Market: Vineland
• Units: 104
• Lender: Shimon Eisikowicz & Garrett Litvak - Cross River Bank
• Loan Type: Acquisition
• Date of Transaction: 4/24/2026

Shimon Eisikowicz and Garrett Litvak from Cross River Bank were responsible for providing the acquisition loan. The commercial lending team successfully executed the loan in just 10 business days from the application to the closing, ensuring the transaction met the client's purchasing timeline. Sam Grunberger played a crucial role in facilitating a smooth transaction process.