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Westwood, NJ

Updated Aug 1, 2025

Steven Jemal Of S3 Capital Partners Provides $4.6M Construction Loan For Westwood Multifamily Property
FINANCEDMultiFamily

Steven Jemal Of S3 Capital Partners Provides $4.6M Construction Loan For Westwood Multifamily Property

$4,600,000

$159/SF

Building Size

28,911 SF

Asset Type

MultiFamily

Closing

Jul 20, 2025

About this deal

AI

The transaction involves a multifamily property located in Westwood, NJ, encompassing a total square footage of 28,911 and comprising 16 units. The loan amount for this property is set at $4,600,000, categorized as a construction loan with a term of 2 years.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,600,000
  • Square Footage: 28,911
  • Units: 16
  • Lender: Steven Jemal - S3 Capital Partners
  • Loan Type: Construction
  • Loan Terms: 2 Years
  • Date: 7/21/2025
  • Market: Westwood, NJ

Steven Jemal represents S3 Capital Partners, a prominent capital provider engaged in financing multifamily transactions across various markets, particularly from New York to Texas. The focus is on loan opportunities that exceed $1 million. For inquiries, contact Steven at [email protected].

Players

Steven Jemal

S3 Capital

Lender

$3.8B

vol

141 deals

Lender
S
S3CapitalPartnersLender

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $159 per square foot on a published $4.6M for 28,911 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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