FINANCED
Columbia Bank Provides $6.5M Refinance Loan For Educational Facility In Wayne, NJ
164 Totowa Road
Other
168,050 SF
168,050 SF
Financed 322 days ago
Summary
Loan
NEW JERSEY
Other
168,050 sqft
An educational facility located at 164 Totowa Road in Wayne, NJ has recently undergone a refinancing transaction. The property spans a total of 168,050 square feet, providing ample space for educational purposes.
Summary of transaction details:
- Property Type: Educational Facility
- Transaction Amount: $6,500,000
- Address: 164 Totowa Road, Wayne, NJ
- Market: Wayne, NJ
The lender in this refinancing deal is Columbia Bank. Serving as the broker representative for this transaction is Gabby Cali from Progress Capital. The loan provided for the refinancing transaction amounts to $6,500,000. It is a non-recourse loan, with a 6% fixed interest rate for 5 years. The loan term extends for a total of 10 years.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Gabby Cali
DATE: 06/05/2023
ADDRESS: 164 Totowa Road
MARKET: Wayne, NJ
ASSET TYPE: Educational Facility ~ SF: 168,050
LENDER: Columbia Bank (@Columbia.Bank)
BROKER: Gabby Cali (@GabbyCali16), (@GabbyCali_ProgressCapital) - Progress Capital (@Progress.Capital)
LOAN AMOUNT: $6,500,000
LOAN TYPE: Refinance
LOAN TERM: 6.00% fixed for 5 years, 10-year term, Non-RecourseView on map
Loading...
Address164 Totowa Road
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want