FINANCED
Amherst Capital Management Provides $14.1M Bridge Loan For Princeton Office Building
500 College Road East
Office
159,227 SF
159,227 SF
Financed 1 year ago
Summary
Loan
NEW JERSEY
Office
159,227 sqft
The recently closed transaction in Princeton involved an office property located at 500 College Rd. East. The asset, spanning across 159,227 square feet, was part of a deal that took place on 02/04/2021.
Summary of transation details
- Property Type: Office
- Transaction Amount: $14,138,000
- Address: 500 College Rd. East
- Market: Princeton
The loan for this transaction was provided by Amherst Capital Management, with Gabe Boyar representing the lending company. The loan amount was $14,138,000, and it had a three-year, floating-rate bridge loan term. Additionally, the landlord involved in this property was Bergman Real Estate Group, Eight Fold Capital, and Hornig Capital Partners. The brokerage team facilitating the deal consisted of Michael Klein, Greg Nalbandian, and Michael Lachs, representing JLL Capital Markets.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Michael Klein, Gabe Boyar, & Greg Nalbandian
DATE: 02/04/2021
ADDRESS: 500 College Rd. East
MARKET: Princeton
ASSET TYPE: Office
LENDER: Amherst Capital Management - Gabe Boyar
LANDLORD: Bergman Real Estate Group, Eight Fold Capital, & Hornig Capital Partners
BROKERS: Michael Klein, Greg Nalbandian & Michael Lachs - JLL Capital Markets
LOAN AMOUNT: $14,138,000
LOAN TERMS: three-year, floating-rate bridge loan
SF: 159,227View on map
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Address500 College Road East
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