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Dino Tomassetti Jr. Secures $20.5M Construction Loan For Self Storage In Linden

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FINANCED
$20,500,000

New Jersey

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Self Storage164,205 SF
Financed 03/05/2026
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FINANCED

Dino Tomassetti Jr. Secures $20.5M Construction Loan For Self Storage In Linden

600 West Edgar Road

See Similar Deals
Self Storage164,205 SF
Financed 03/05/2026
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Summary

NEW JERSEY
Asset Type:Self Storage
Price Per Square Foot:$124
Total Square Footage:164,205 SF
Transaction Type:Loan

The property asset involved in this transaction is a self-storage facility located at 600 West Edgar Road, Linden, with a total square footage of 164,205. The loan amount secured for this property is $20,500,000, under a construction loan type featuring terms of Prime + .25% with a 5% floor.

Summary of transaction details:

  • Property Type: Self Storage
  • Transaction Amount: $20,500,000
  • Loan Type: Construction
  • Loan Terms: Prime + .25% with 5% floor
  • Address: 600 West Edgar Road
  • Market: Linden
  • Borrower: Dino Tomassetti Jr.
  • Landlord's Rep: Kathy Anderson & Caillin Boles - EDSF Group | CRE Loans - Cushman & Wakefield

The key individuals in this transaction include borrower Dino Tomassetti Jr., along with landlord representatives Kathy Anderson and Caillin Boles, who are affiliated with EDSF Group and Cushman & Wakefield. Their roles were crucial in facilitating this construction loan for the self-storage asset.

Players

Kathy Anderson
55 deals$922.6M volume(732) 720-6301
BROKER

Caillin Boles
Cushman & Wakefield
44 deals$520.3M volume(732) 720-6308
BROKER

Details

FINANCED
IMAGE: Kathy Anderson, Caillin Boles & Dino Tomassetti Jr. DATE: 03/05/2026 ADDRESS: 600 West Edgar Road MARKET: Linden ASSET TYPE: Self Storage ~ SF: 164,205 BORROWER: Dino Tomassetti Jr. LANDLORD'S REP: Kathy Anderson (@Money.Girl.Kathy) & Caillin Boles (@CBoles21) - EDSF Group | CRE Loans (@EDSF_TriState) - Cushman & Wakefield (@CushWake) LOAN AMOUNT: $20,500,000 LOAN TYPE: Construction LOAN TERMS: Prime + .25% with 5% floor

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$20,500,000.00

Monthly NOI$136,666.67
Monthly Debt Service$129,573.94
Change in Cash Flow$0.00
Refinance Proceeds$0.00