Manasquan Savings Bank Provides $1.5M Acquisition Loan For Shrewsbury Office Property

The office property located at 20 Avenue at the Common in Shrewsbury, NJ has recently undergone an acquisition. The transaction was finalized on 05/04/2021.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $1,500,000
• Loan Type: Acquisition
• Lender: Manasquan Savings Bank
• Landlord: Donald Cresitello
• Brokers: David May - Cre Loans; Evan Boles - Progress Capital

The office property, situated in Shrewsbury, NJ, was acquired with a loan amount of $1,500,000. The lender in this transaction was Manasquan Savings Bank. The landlord, Donald Cresitello, facilitated the acquisition. The brokers involved in the deal were David May from Cre Loans and Evan Boles from Progress Capital.

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