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
About this deal
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.
On the Map
$13,750,000
Office
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Players
West Harrison Office Market Snapshot
Boundary boundary · Office · Loan transactions
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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