AXRIA Secures $10.6 Million Acquisition Loan From The Ardent Companies For Retail Property In South Brunswick

The asset involved in this transaction is a retail property located at 24 Summerfield Boulevard in South Brunswick, NJ. The property encompasses a total area of 77,501 square feet. The loan amount secured for this acquisition is $10,600,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,600,000
• Loan Type: Acquisition
• Lender: The Ardent Companies
• Borrower: AXRIA
• Brokers: Jay Miller, Aj Felberbaum, Spencer Miller, Noah Rothman & Jonah Gentleman - BayBridge Real Estate Capital

This transaction showcases key participation from The Ardent Companies as the lender, providing the necessary financial support for AXRIA, the borrower, to acquire the property. The brokers involved in facilitating the transaction are identified as Jay Miller, Aj Felberbaum, Spencer Miller, Noah Rothman, and Jonah Gentleman, all representing BayBridge Real Estate Capital.