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1255 Broad Street
FINANCED

Natixis Real Estate Capital Provides $35.25M Acquisition Loan For Office Property In Clifton, NJ

1255 Broad Street

Office
37,478 SF
clock iconFinanced 1 year ago
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Summary

Loan
NEW JERSEY
Office
37,478 sqft

1255 Broad Street in Clifton, NJ, was recently acquired in an office property transaction. The acquisition was financed through a loan provided by Natixis Real Estate Capital. The loan amount was $35,250,000, and the terms of the loan were full term interest-only.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $35,250,000
  • Address: 1255 Broad Street
  • Market: Clifton, NJ

Jared Zimmel from Natixis Real Estate Capital served as the lender for this acquisition loan. The borrower was represented by Brad Domenico of Progress Capital. Brad Domenico played a key role in facilitating the loan and ensuring a successful transaction.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Brad Domenico's profile picture
Brad Domenico
Progress Capital-image
Partner
$735.9M Sold

Details

Deal Summary
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FINANCED
IMAGE: Brad Domenico DATE: 06/03/2021 ADDRESS: 1255 Broad Street MARKET: Clifton, NJ ASSET TYPE: Office LAON TYPE: Acquisition LENDER: Jared Zimmel - Natixis Real Estate Capital BROKER: Brad Domenico @Domenico317 - Progress Capital @Progress.Capital LOAN AMOUNT: $35,250,000 LOAN TERMS: Full Term I/O

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Address1255 Broad Street

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