Rhine Legacy Capital Provides $12M Bridge Loan For Retail Property In Howell NJ

A 65,811 square foot single-tenant retail property located at 4861 US Route 9 in Howell, NJ was involved in a loan transaction. The lender provided a bridge loan amounting to $12,000,000, demonstrating a 75% loan-to-purchase ratio. The loan was closed in a record 22 days, reflecting a swift transaction process.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,000,000
• Asset Size: 65,811 SF
• Address: 4861 US Route 9, Howell, NJ
• Lender: Samuel Kwadrat - Rhine Legacy Capital
• Brokers: Isaac Filler, Yossi Koschitzki & Michael Neumann - Filler Capital
• Loan Type: Bridge
• Loan-to-Purchase Ratio: 75%
• Closing Duration: 22 days

Filler Capital LLC arranged the acquisition loan on behalf of their client, showcasing their commitment to efficient execution and exceptional client service. The key individuals involved in this transaction include Samuel Kwadrat representing Rhine Legacy Capital and the brokers Isaac Filler, Yossi Koschitzki, and Michael Neumann from Filler Capital.