Spencer Savings Bank Provides $2.8M Refinance Loan For Englewood Medical Office

The medical office located at 180 Engle Street in Englewood, NJ has recently undergone a loan transaction. The loan, which took place on 07/01/2021, was a refinancing deal. Spencer Savings Bank served as the lender for this transaction. The loan amount totaled $2,800,000. The property is owned by Clifford Simon, who operates under B.M.A. Properties. The brokers involved in this deal were David May and Evan Boles from Progress Capital. They were responsible for representing the parties in the transaction.

Summary of transation details

• Property Type: Medical Office
• Transaction Amount: $2,800,000
• Lender: Spencer Savings Bank
• Landlord: Clifford Simon - B.M.A. Properties
• Brokers: David May & Evan Boles - Progress Capital

If you are interested in discussing your commercial real estate financing needs, you can reach out to David May at 201-747-6841 or via email at [email protected]. You can also contact Evan Boles at 732-539-5461 or via email at [email protected].