J.P. Morgan Provides $18.25M Refinancing Loan For Multifamily Property In North Providence, RI

180 Waterman Ave in North Providence, RI is a multifamily property that recently underwent a loan refinancing transaction. The transaction was completed on 01/04/2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $18,250,000
• Market: North Providence, RI

The loan for this transaction was provided by J.P. Morgan. The landlord of the property is Urban Smart Growth, represented by Lance Robbins and Aaron Iskowitz. The brokers involved in the deal were Peter Rotchford, Scott Aiese, and Alex Staikos from JLL.

This transaction involved a loan refinancing, providing financial stability for the property at 180 Waterman Ave. The successful completion of the refinancing ensures continued support for the multifamily asset in North Providence, RI.