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4 West Red Oak Lane

GHP Office Realty Secures $13,750,000 Refinance Loan From Peapack Private Bank & Trust
FINANCEDOffice

GHP Office Realty Secures $13,750,000 Refinance Loan From Peapack Private Bank & Trust

4 West Red Oak Lane

$13,750,000

Building Size

Asset Type

Office

Closing

Jun 7, 2026

AI

The property asset involved in this transaction is an office located at 4 West Red Oak Lane in the West Harrison market. The loan amount for the asset is $13,750,000, secured through a refinance loan arrangement.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $13,750,000
  • Lender: Joseph E. Fingerman & Kenneth A. Stagnari - Peapack Private Bank & Trust
  • Landlord: GHP Office Realty
  • Loan Type: Refinance
  • Date of Transaction: 6/8/2026

The deal features Joseph E. Fingerman and Kenneth A. Stagnari as the representatives of Peapack Private Bank & Trust, which facilitated the financing for GHP Office Realty in this refinancing transaction.

Players

Peapack Private Bank & Trust
Peapack Private Bank & TrustLender

West Harrison Office Market Snapshot

Boundary boundary · Office · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.15%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93