Cross River Provides $60M Loan For Medical Facility In Secaucus, NJ

A $60 million loan was secured for a medical facility located at 55 Meadowlands Pkwy in Secaucus, NJ. The property boasts 204 beds and is owned by Yan Moshe.

Summary of transaction details:

• Property Type: Medical Facility
• Transaction Amount: $60,000,000
• Address: 55 Meadowlands Pkwy, Secaucus, NJ
• Market: Secaucus, NJ

The loan for the medical facility was provided by Cross River, with Doug Esposito and Raina Yoo representing the lender. Meridian Capital Group, specifically Jake Handelsman, Ari Adlerstein, Ari Dobkin, Josh Simpson, and David Gottlieb, acted as the brokers in the transaction.