Luminate Bank Provides $6.1M Acquisition Loan For Estate Home In Saddle River

The property involved in this transaction is a single-family residence located at 23 Denison Drive East in Saddle River. The asset spans 12,000 square feet and has an acquisition loan amount of $6,100,000. The residence is noted for its exceptional quality and design, featuring NuCedar siding, a slate roof, and mahogany accents that contribute to its distinctive exterior appearance.

Summary of transation details:

• Property Type: Single-Family Residence
• Transaction Amount: $6,100,000
• Address: 23 Denison Drive East
• Market: Saddle River
• Lender: Luminate Bank
• Loan Type: Acquisition
• Architect: Jordan Rosenberg
• Developer: Park Hill Development
• Interior Designer: Vanessa Deleon

The deal involves notable individuals and firms: Luminate Bank is the lender providing financing for the acquisition, while Jordan Rosenberg is recognized for the architectural design of the property. Park Hill Development is responsible for the property’s construction, and the interiors have been crafted by Vanessa Deleon, underscoring a collaborative effort amongst these professionals to create a residence of unparalleled quality.