The property involved in the transaction is an office asset located at 7 & 9 Roszel Road in Princeton, NJ, encompassing a total square footage of 302,454. The loan amount for this property was established at $44,000,000, categorized under bridge loan type with specific terms including ground leasehold financing for 12 months plus extension options, and a loan-to-value ratio (LTV) of 75%.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $44,000,000
• Address: 7 & 9 Roszel Road
• Market: Princeton, NJ
• Asset Square Footage: 302,454
• Lender: BridgeCity Capital
• Loan Type: Bridge
• Loan Terms: Ground Leasehold financing, 12 months + extension options; LTV 75%
• Landlord: Abraham Brach

Key individuals involved in the transaction include Pinny Loketch, Allan Lebovits, Louis Lebovits, and Moishe Loketch representing BridgeCity Capital. This team focuses on financing mixed-use, residential, industrial, and construction projects in various regions, including New York, the Tri-State Area, and South Florida.