facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Office

/

Loan

/

Elliot Horowitz Of H Equiti...

Elliot Horowitz Of H Equities Secures $33 Million Refinance Loan For Office Building In Southern NJ
FINANCEDOffice

Elliot Horowitz Of H Equities Secures $33 Million Refinance Loan For Office Building In Southern NJ

$33,000,000

Building Size

Asset Type

Office

Closing

May 6, 2026

AI

The transaction involved a multi-tenanted office building located in Southern New Jersey. The property is owned and exceptionally maintained by a highly regarded sponsor who is committing substantial capital toward property upgrades and tenant improvements for existing and new tenants.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $33,000,000
  • Lender: Elliot Horowitz - H Equities; 141 Capital Group
  • Loan Type: Refinance
  • Notable Participants: Robert Salame and the Vedder team; Leo Schwimmer and the United Commercial Group team; Adam Ehrenreich, Judah Oppenheimer, and Max Saidman from OakNorth

H Equities and 141 Capital Group have successfully closed the loan through their ongoing joint venture partnership, demonstrating their commitment to providing bridge financing to exceptional clients. The companies emphasize an equity-oriented perspective, enhancing value for their clients and broker partners.

Players

Elliot Horowitz

H Equities

Lender

$83.3M

vol

8 deals

Lender

Voorhees Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.48%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93