FINANCED
Cronheim Mortgage Secures $11M Refinance Loan For Town Center Plaza, East Windsor
319 US Route 130
Retail
196,014 SF
196,014 SF
Financed 60 days ago
Summary
Loan
NEW JERSEY
Retail
196,014 sqft
The loan transaction involved a retail property located at 319 US Route 130 in East Windsor, with a total space of 196,014 square feet. The lender, Southern Farm Bureau Life Insurance Company, provided $11,000,000 in financing for the property, which was built in 1998.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,000,000
- Address: 319 US Route 130
- Market: East Windsor
- Asset Type: Retail
- Borrower: Local real estate firm specializing in retail properties
- Tenants: Chipotle Mexican Grill and ShopRite
The loan was arranged by Allison Villamagna, Andrew Stewart, and Dev Morris from Cronheim Mortgage, who represented the borrower in securing the financing from Southern Farm Bureau Life Insurance Company. The Town Center Plaza in East Windsor was the subject property for this refinancing deal.
Players
Details
FINANCED
IMAGE: Allison Villamagna, Andrew Stewart & Dev Morris
DATE: 03/01/2024
ADDRESS: 319 US Route 130
MARKET: East Windsor
ASSET TYPE: Retail ~ SF: 196,014
LENDER: Southern Farm Bureau Life Insurance Company
BROKERS: Allison Villamagna, Andrew Stewart & Dev Morris - Cronheim Mortgage (@Cronheim_Mortgage)
LOAN AMOUNT: $11,000,000
LOAN TYPE: Refinance
NOTE: Cronheim Mortgage arranged $11 million in financing for New Jersey shopping centers on behalf of a local real estate firm specializing in retail properties. Southern Farm Bureau Life Insurance Co. provided funding for Town Center Plaza in East Windsor, boasting tenants like Chipotle Mexican Grill and ShopRite, totaling 196,014 square feet and built in 1998.View on map
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Address319 US Route 130
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