Eli Rennert And Meir Biegeleisen Of First Commerce Bank Provide $18.38M Construction Loan In Jackson Township

The property asset involved in this transaction is located at 680 Bennetts Mills Road in Jackson Township, NJ. It is categorized as an office asset with a total square footage of 75,000. The loan amount secured for this asset is $18,375,000, which is designated for construction purposes.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $18,375,000
• Address: 680 Bennetts Mills Road
• Market: Jackson Township, NJ
• Asset Size: 75,000 SF
• Lender: Eli Rennert & Meir Biegeleisen - First Commerce Bank
• Broker: Paul Gilbert - Meridian Capital Group
• Loan Type: Construction

This transaction involves key individuals including lenders Eli Rennert and Meir Biegeleisen, who represent First Commerce Bank. The broker facilitating this deal is Paul Gilbert from Meridian Capital Group, providing essential services in the negotiation and closure of the loan agreement.