Peoples Security Bank & Trust Provides $3.3M Refiance Loan For Retail Property In Clementon, NJ

The retail property located at 168 White Horse Pike in Clementon, NJ has recently undergone a refinancing transaction. The property spans approximately 20,490 square feet and is situated in the market of Clementon, NJ.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $3,300,000
• Loan Type: Refinance Loan
• Lender: Peoples Security Bank & Trust
• Brokers: David May & Evan Boles - Progress Capital
• Date: 02/11/2022
• Image: David May & Evan Boles

The loan for the refinancing was provided by Peoples Security Bank & Trust. The brokers involved in the transaction were David May and Evan Boles from Progress Capital. The loan amount of $3,300,000 allowed the property owner to restructure their financing for the retail property.