Brian Anderson Secures $4.95M Acquisition Loan In Bridgewater, NJ For Retail Property

1329 Prince Rodgers Avenue

Retail

41,589 SF

Financed 47 days ago

Summary

Loan

NEW JERSEY

Retail

41,589 sqft

The property located at 1329 Prince Rodgers Avenue in Bridgewater, NJ, is a retail asset spanning 41,589 square feet. Michael Mostoff is the landlord of this property.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $4,950,000
Loan Type: Acquisition
Loan Terms: 6.875% fixed for 5-years

Brian Anderson from Progress Capital acted as the broker in this deal. The loan amount secured for this transaction was $4,950,000 at an interest rate of 6.875% fixed for 5 years.

Players

All
2

Agents
1
Agencies
1

Brian Anderson

Managing Director

Progress Capital

Details

Deal Summary

FINANCED

IMAGE: Brian Anderson DATE: 03/07/2024 ADDRESS: 1329 Prince Rodgers Avenue MARKET: Bridgewater, NJ ASSET TYPE: Retail ~ SF: 41,589 LANDLORD: Michael Mostoff BROKER: Brian Anderson (@Eddie_Miro) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $4,950,000 LOAN TYPE: Acquisition LOAN TERMS: 6.875% fixed for 5-years

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Address1329 Prince Rodgers Avenue

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