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New Jersey

Ruben Izgelov Of We Lend Provides $6,300,000 Refinance For Luxury Residence In Englewood NJ
FINANCEDSingle Family Residence

Ruben Izgelov Of We Lend Provides $6,300,000 Refinance For Luxury Residence In Englewood NJ

$6,300,000

Building Size

Asset Type

Single Family Residence

Closing

Jun 4, 2026

AI

The asset involved in the transaction is a luxury single-family residence positioned in Englewood, NJ. This property is currently mid-construction and is projected to surpass a market value of $10,000,000 upon completion, with a loan amount for refinancing set at $6,300,000.

Summary of transaction details:

  • Property Type: Luxury Single-Family Residence
  • Transaction Amount: $6,300,000
  • Lender: Ruben Izgelov - We Lend
  • Loan Type: Refinance
  • Loan Terms: 1 year
  • Market: Englewood, NJ

The transaction was facilitated by Ruben Izgelov, who represents We Lend, and showcases the company’s capability to efficiently manage high-value construction refinances, having completed the deal within 3 weeks. We Lend is supported by friends and family capital, ensuring borrowers have direct access to decision makers for faster execution on their financing needs.

Players

We Lend
We LendLender

Ruben Izgelov

We Lend

Originator

$49.9M

vol

24 deals

Originator

Market Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93