SALE
IMAGE: Joe Friedman, Wilson Purcell & Joshua Norwitz
DATE: 01/10/2022
ADDRESS: 8301 Professional Place
MARKET: Landover, MD
ASSET TYPE: Office ~ ACRES: 12
BUYER: J1B Properties
SELLER: Persimmon Capital Partners
BROKERS: Joe Friedman, Wilson Purcell & Joshua Norwitz - Edge Capital Markets
SALE PRICE: $25,000,000
SF: 138,000 ~ PPSF: $181
#NewJersey #RealEstate #TradedNJ #Landover #Maryland #Office #J1BProperties #PersimmonCapitalPartners #JoeFriedman #WilsonPurcell #JoshuaNorwitz #EdgeCapitalMarkets
Jan 14
SALE
IMAGE: Joe Friedman, Wilson Purcell & Joshua Norwitz
DATE: 01/10/2022
ADDRESS: 8301 Professional Place
MARKET: Landover, MD
ASSET TYPE: Office ~ ACRES: 12
BUYER: J1B Properties
SELLER: Persimmon Capital Partners
BROKERS: Joe Friedman, Wilson Purcell & Joshua Norwitz - Edge Capital Markets
SALE PRICE: $25,000,000
SF: 138,000 ~ PPSF: $181
#NewJersey #RealEstate #TradedNJ #Landover #Maryland #Office #J1BProperties #PersimmonCapitalPartners #JoeFriedman #WilsonPurcell #JoshuaNorwitz #EdgeCapitalMarkets
LOAN
IMAGE: Thomas Didio & Thomas E. Didio, Jr.
DATE: 01/10/2022
ADDRESS: 235 Hudson St.
MARKET: Hoboken
ASSET TYPE: Mixed-use ~ UNITS: 150
LENDER: Minnesota Life Insurance Company
LANDLORD: Ironstate Development
BROKERS: Thomas Didio, Thomas E. Didio, Jr., Carlos Silva & Salvatore Buzzerio - JLL Capital Markets
LOAN AMOUNT: $35,900,000
LOAN TYPE: Refinancing Loan
LOAN TERMS: 10-year, fixed-rate loan
#NewJersey #RealEstate #TradedNJ #HudsonSquareNorth #Hoboken #Mixeduse #MinnesotaLifeInsuranceCompany #IronstateDevelopment #ThomasDidio #ThomasEDidioJr #CarlosSilva #SalvatoreBuzzerio #JLLCapitalMarkets
Jan 14
LOAN
IMAGE: Thomas Didio & Thomas E. Didio, Jr.
DATE: 01/10/2022
ADDRESS: 235 Hudson St.
MARKET: Hoboken
ASSET TYPE: Mixed-use ~ UNITS: 150
LENDER: Minnesota Life Insurance Company
LANDLORD: Ironstate Development
BROKERS: Thomas Didio, Thomas E. Didio, Jr., Carlos Silva & Salvatore Buzzerio - JLL Capital Markets
LOAN AMOUNT: $35,900,000
LOAN TYPE: Refinancing Loan
LOAN TERMS: 10-year, fixed-rate loan
#NewJersey #RealEstate #TradedNJ #HudsonSquareNorth #Hoboken #Mixeduse #MinnesotaLifeInsuranceCompany #IronstateDevelopment #ThomasDidio #ThomasEDidioJr #CarlosSilva #SalvatoreBuzzerio #JLLCapitalMarkets
LOAN
IMAGE: Kristoffer A. Garin & David Merkin
DATE: 01/10/2022
ADDRESS: 2120 Walbrook Avenue
MARKET: Baltimore, MD
ASSET TYPE: Single Family ~ UNITS: 461
LENDER: Roc Capital
LANDLORD: Riparian Capital Partners - Kristoffer A. Garin
BROKER: David Merkin - Eastern Union
LOAN AMOUNT: $54,700,000
LOAN TERMS: five-year terms
#NewJersey #RealEstate #TradedNJ #Baltimore #Maryland #SingleFamily #RocCapital #RiparianCapitalPartners #KristofferAGarin #DavidMerkin #EasternUnion
Jan 14
LOAN
IMAGE: Kristoffer A. Garin & David Merkin
DATE: 01/10/2022
ADDRESS: 2120 Walbrook Avenue
MARKET: Baltimore, MD
ASSET TYPE: Single Family ~ UNITS: 461
LENDER: Roc Capital
LANDLORD: Riparian Capital Partners - Kristoffer A. Garin
BROKER: David Merkin - Eastern Union
LOAN AMOUNT: $54,700,000
LOAN TERMS: five-year terms
#NewJersey #RealEstate #TradedNJ #Baltimore #Maryland #SingleFamily #RocCapital #RiparianCapitalPartners #KristofferAGarin #DavidMerkin #EasternUnion
SALE
IMAGE: Issac "Yitzi" Nussbaum
DATE: 01/06/2022
ADDRESS: 1563 Beaver Hollow Dr
MARKET: Toms River, NJ
ASSET TYPE: Single Family
BROKER: Issac "Yitzi" Nussbaum - (@YitziSells.TomsRiver) - The Nussbaum Team (@TheNussbaumTeam)
ASKING PRICE: $1,450,000
SALE PRICE: $1,300,000
SF: 5,913 ~ PPSF: $220
#NewJersey #RealEstate #TradedNJ #TomsRiver #SingleFamily #IssacYitziNussbaum #TheNussbaumTeam
Jan 14
SALE
IMAGE: Issac "Yitzi" Nussbaum
DATE: 01/06/2022
ADDRESS: 1563 Beaver Hollow Dr
MARKET: Toms River, NJ
ASSET TYPE: Single Family
BROKER: Issac "Yitzi" Nussbaum - (@YitziSells.TomsRiver) - The Nussbaum Team (@TheNussbaumTeam)
ASKING PRICE: $1,450,000
SALE PRICE: $1,300,000
SF: 5,913 ~ PPSF: $220
#NewJersey #RealEstate #TradedNJ #TomsRiver #SingleFamily #IssacYitziNussbaum #TheNussbaumTeam
LOAN
IMAGE: Alan Blank & Drew Anderman
DATE: 01/12/2022
ADDRESS: 1500 Locust St
MARKET: Philadelphia
ASSET TYPE: Multifamily ~ UNITS: 612
LENDER: Square Mile Capital
BROKERS: Drew Anderman & Alan Blank - Meridian Capital Group
LOAN AMOUNT: $195,000,000
LOAN TYPE: Acquisition Loan
#NewJersey #RealEstate #TradedNJ #1500Locust #Philadelphia #Multifamily #SquareMileCapital #DrewAnderman #AlanBlank #MeridianCapitalGroup
Jan 13
LOAN
IMAGE: Alan Blank & Drew Anderman
DATE: 01/12/2022
ADDRESS: 1500 Locust St
MARKET: Philadelphia
ASSET TYPE: Multifamily ~ UNITS: 612
LENDER: Square Mile Capital
BROKERS: Drew Anderman & Alan Blank - Meridian Capital Group
LOAN AMOUNT: $195,000,000
LOAN TYPE: Acquisition Loan
#NewJersey #RealEstate #TradedNJ #1500Locust #Philadelphia #Multifamily #SquareMileCapital #DrewAnderman #AlanBlank #MeridianCapitalGroup
SALE
IMAGE: Tommy Cleaver & Jack Sitt
DATE: 01/11/2022
ADDRESS: 9950 Medical Center Drive
MARKET: Rockville, MD
ASSET TYPE: Office ~ ACRES: 17
BUYER: Thor Equities Group - Jack Sitt
SELLER'S REP: Tommy Cleaver - CBRE
SALE PRICE: $45,000,000
SF: 231,000 ~ PPSF: $195
#NewJersey #RealEstate #TradedNJ #ShadyGroveLifeSciencesCluster #Rockville #Maryland #Office #ThorEquitiesGroup #JackSitt #TommyCleaver #CBRE
Jan 13
SALE
IMAGE: Tommy Cleaver & Jack Sitt
DATE: 01/11/2022
ADDRESS: 9950 Medical Center Drive
MARKET: Rockville, MD
ASSET TYPE: Office ~ ACRES: 17
BUYER: Thor Equities Group - Jack Sitt
SELLER'S REP: Tommy Cleaver - CBRE
SALE PRICE: $45,000,000
SF: 231,000 ~ PPSF: $195
#NewJersey #RealEstate #TradedNJ #ShadyGroveLifeSciencesCluster #Rockville #Maryland #Office #ThorEquitiesGroup #JackSitt #TommyCleaver #CBRE
LOAN
IMAGE: David May
DATE: 01/11/2022
ADDRESS: 64 West 18th Street
MARKET: Bayonne, NJ
ASSET TYPE: Multifamily ~ SF: 2,275 ~ UNITS: 6
LENDER: Stormfield Capital
LANDLORD: Miles Bronstein & Brett Rosenthal - Balfour Real Estate
BROKER: David May (@CRE_Loans) - Progress Capital (@Progress.Capital)
LOAN AMOUNT: $827,500
LOAN TYPE: Bridge Loan
LOAN TERMS: Non-Recourse
NOTE: Acquisition Bridge Loan Closed in just 3-Weeks!
Contact Dave for any of your CRE financing needs!
201-747-6841, david@progresscapital.com
#NewJersey #RealEstate #TradedNJ #Bayonne #Multifamily #StormfieldCapital #MilesBronstein #BrettRosenthal #BalfourRealEstate #DavidMay #ProgressCapital
Jan 13
LOAN
IMAGE: David May
DATE: 01/11/2022
ADDRESS: 64 West 18th Street
MARKET: Bayonne, NJ
ASSET TYPE: Multifamily ~ SF: 2,275 ~ UNITS: 6
LENDER: Stormfield Capital
LANDLORD: Miles Bronstein & Brett Rosenthal - Balfour Real Estate
BROKER: David May (@CRE_Loans) - Progress Capital (@Progress.Capital)
LOAN AMOUNT: $827,500
LOAN TYPE: Bridge Loan
LOAN TERMS: Non-Recourse
NOTE: Acquisition Bridge Loan Closed in just 3-Weeks!
Contact Dave for any of your CRE financing needs!
201-747-6841, david@progresscapital.com
#NewJersey #RealEstate #TradedNJ #Bayonne #Multifamily #StormfieldCapital #MilesBronstein #BrettRosenthal #BalfourRealEstate #DavidMay #ProgressCapital
SALE
IMAGE: Jed Matricaria
DATE: 12/30/2021
ADDRESS: 316-318 Mt Prospect Ave
MARKET: Newark
ASSET TYPE: Multifamily
BUYER: Hudson Acquisition 9, LLC
SELLER: 316 MPA, LLC
BROKER: Jed Matricaria (@JedMatricaria) - Marcus & Millichap
SALE PRICE: $1,214,500
UNITS: 8 ~ PPU: $151,813
SF: 8,000 ~ PPSF: $152
#NewJersey #RealEstate #TradedNJ #Newark #Multifamily #HudsonAcquisition9LLC #316MPALLC #JedMatricaria #MarcusandMillichap
Jan 13
SALE
IMAGE: Jed Matricaria
DATE: 12/30/2021
ADDRESS: 316-318 Mt Prospect Ave
MARKET: Newark
ASSET TYPE: Multifamily
BUYER: Hudson Acquisition 9, LLC
SELLER: 316 MPA, LLC
BROKER: Jed Matricaria (@JedMatricaria) - Marcus & Millichap
SALE PRICE: $1,214,500
UNITS: 8 ~ PPU: $151,813
SF: 8,000 ~ PPSF: $152
#NewJersey #RealEstate #TradedNJ #Newark #Multifamily #HudsonAcquisition9LLC #316MPALLC #JedMatricaria #MarcusandMillichap
SALE
IMAGE: Sam Lepore
DATE: 11/26/2021
ADDRESS: 108 Fellswood Drive
MARKET: Moorestown
ASSET TYPE: SFR
BROKERS: Sam Lepore (@SamnLepore) - Keller Williams
ASKING PRICE: $1,325,000
SALE PRICE: $1,250,000
SF: 5,703 ~ PPSF: $219
#NewJersey #RealEstate #TradedNJ #Moorestown #SFR #SamLepore #KellerWilliams
Jan 13
SALE
IMAGE: Sam Lepore
DATE: 11/26/2021
ADDRESS: 108 Fellswood Drive
MARKET: Moorestown
ASSET TYPE: SFR
BROKERS: Sam Lepore (@SamnLepore) - Keller Williams
ASKING PRICE: $1,325,000
SALE PRICE: $1,250,000
SF: 5,703 ~ PPSF: $219
#NewJersey #RealEstate #TradedNJ #Moorestown #SFR #SamLepore #KellerWilliams
SALE
IMAGE: Moe Sankar
DATE: 12/30/2021
ADDRESS: 1610 Main Avenue
MARKET: Clifton, NJ
ASSET TYPE: Retail
BUYER: Main Foot & Ankle Clinic LLC
SELLER: ODARROC INC
BROKER: Moe Sankar (@MoeDiggz) - The Sankar Group (@TheSankarGroup) - Keller Williams Realty
ASKING PRICE: $2,200,000
SALE PRICE: $1,600,000
SF: 2,761 ~ PPSF: $580
NOTE: Moe Sankar, Broker Associate
Keller Williams Realty
301 Rt 17 N Suite 204
Rutherford, NJ 07070
moe@thesankargroup.com
Direct Cell (973)261-3995
#NewJersey #RealEstate #TradedNJ #Clifton #Retail #MainFootandAnkleClinicLLC #ODARROCINC #MoeSankar #TheSankarGroup #KellerWilliamsRealty
Jan 13
SALE
IMAGE: Moe Sankar
DATE: 12/30/2021
ADDRESS: 1610 Main Avenue
MARKET: Clifton, NJ
ASSET TYPE: Retail
BUYER: Main Foot & Ankle Clinic LLC
SELLER: ODARROC INC
BROKER: Moe Sankar (@MoeDiggz) - The Sankar Group (@TheSankarGroup) - Keller Williams Realty
ASKING PRICE: $2,200,000
SALE PRICE: $1,600,000
SF: 2,761 ~ PPSF: $580
NOTE: Moe Sankar, Broker Associate
Keller Williams Realty
301 Rt 17 N Suite 204
Rutherford, NJ 07070
moe@thesankargroup.com
Direct Cell (973)261-3995
#NewJersey #RealEstate #TradedNJ #Clifton #Retail #MainFootandAnkleClinicLLC #ODARROCINC #MoeSankar #TheSankarGroup #KellerWilliamsRealty
SALE
IMAGE: Christopher Conway
DATE: 12/30/2021
ADDRESS: 2301 Park Avenue
MARKET: South Plainfield, NJ
ASSET TYPE: Retail
BUYER: Sanjay Patel - Rakhi foods LLC
SELLER: Jeff Herskowitz - Melbourne Associates I LLC
BUYER'S REP: Christopher Conway (@Retail_CRE) - The Goldstein Group (@TheGoldsteinGroup)
SELLER'S REP: Steve Winter & Mike Horne - CBRE (@CBRE)
SALE PRICE: $2,150,000
SF: 11,345 ~ PPSF: $190
NOTE: Special thanks to Mike Horne & Steve Winters for their efforts
#NewJersey #RealEstate #TradedNJ #SouthPlainfield #Retail #SanjayPatel #RakhifoodsLLC #JeffHerskowitz #MelbourneAssociatesILLC #ChristopherConway #TheGoldsteinGroup #SteveWinter #MikeHorne #CBRE
Jan 13
SALE
IMAGE: Christopher Conway
DATE: 12/30/2021
ADDRESS: 2301 Park Avenue
MARKET: South Plainfield, NJ
ASSET TYPE: Retail
BUYER: Sanjay Patel - Rakhi foods LLC
SELLER: Jeff Herskowitz - Melbourne Associates I LLC
BUYER'S REP: Christopher Conway (@Retail_CRE) - The Goldstein Group (@TheGoldsteinGroup)
SELLER'S REP: Steve Winter & Mike Horne - CBRE (@CBRE)
SALE PRICE: $2,150,000
SF: 11,345 ~ PPSF: $190
NOTE: Special thanks to Mike Horne & Steve Winters for their efforts
#NewJersey #RealEstate #TradedNJ #SouthPlainfield #Retail #SanjayPatel #RakhifoodsLLC #JeffHerskowitz #MelbourneAssociatesILLC #ChristopherConway #TheGoldsteinGroup #SteveWinter #MikeHorne #CBRE
SALE
IMAGE: Jed Matricaria
DATE: 11/22/2021
ADDRESS: 170 N Oraton Pkwy
MARKET: East Orange, NJ
ASSET TYPE: Multifamily
BUYER: 170 N Oraton Parkway Urban Renewal, LLC
SELLER: North Oraton Urban Renewal
BROKER: Jed Matricaria (@JedMatricaria) - Marcus & Millichap
SALE PRICE: $4,400,000
UNITS: 42 ~ PPU: $104,762
SF: 30,450 ~ PPSF: $144
NOTE: Jed P. Matricaria, an investment specialist in Marcus & Millichap's New Jersey office, represented the Seller and also procured the Buyer. Sharon Bullock of Midtown Commercial Realty assisted on the list side.
#NewJersey #RealEstate #TradedNJ #EastOrange #Multifamily #170NOratonParkwayUrbanRenewalLLC #NorthOratonUrbanRenewal #JedMatricaria #MarcusandMillichap
Jan 13
SALE
IMAGE: Jed Matricaria
DATE: 11/22/2021
ADDRESS: 170 N Oraton Pkwy
MARKET: East Orange, NJ
ASSET TYPE: Multifamily
BUYER: 170 N Oraton Parkway Urban Renewal, LLC
SELLER: North Oraton Urban Renewal
BROKER: Jed Matricaria (@JedMatricaria) - Marcus & Millichap
SALE PRICE: $4,400,000
UNITS: 42 ~ PPU: $104,762
SF: 30,450 ~ PPSF: $144
NOTE: Jed P. Matricaria, an investment specialist in Marcus & Millichap's New Jersey office, represented the Seller and also procured the Buyer. Sharon Bullock of Midtown Commercial Realty assisted on the list side.
#NewJersey #RealEstate #TradedNJ #EastOrange #Multifamily #170NOratonParkwayUrbanRenewalLLC #NorthOratonUrbanRenewal #JedMatricaria #MarcusandMillichap
SALE
IMAGE: Jeremy Neuer, Steve Bardsley, Jeffrey Dunne, David Gavin, Fahri Ozturk, Richard Gatto, Travis Langer, Zachary McHale, Timothy Blashford & Nat Gambuzza
DATE: 01/10/2022
ADDRESS: Multifamily Portfolio
MARKET: East Orange, NJ
ASSET TYPE: Multifamily
SELLER: OneWall Communities (@OneWallCommunities) - Nate Kline
BROKERS: Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Richard Gatto, Fahri Ozturk, Travis Langer, Zachary McHale, Nat Gambuzza & Timothy Blashford - CBRE (@CBRE)
SALE PRICE: $53,000,000
UNITS: 301 ~ PPU: $176,080
#NewJersey #RealEstate #TradedNJ #EastOrange #Multifamily #OneWallCommunities #NateKline #JeffreyDunne #JeremyNeuer #SteveBardsley #DavidGavin #RichardGatto #FahriOzturk #TravisLanger #ZacharyMcHale #NatGambuzza #TimothyBlashford #CBRE
Jan 12
SALE
IMAGE: Jeremy Neuer, Steve Bardsley, Jeffrey Dunne, David Gavin, Fahri Ozturk, Richard Gatto, Travis Langer, Zachary McHale, Timothy Blashford & Nat Gambuzza
DATE: 01/10/2022
ADDRESS: Multifamily Portfolio
MARKET: East Orange, NJ
ASSET TYPE: Multifamily
SELLER: OneWall Communities (@OneWallCommunities) - Nate Kline
BROKERS: Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Richard Gatto, Fahri Ozturk, Travis Langer, Zachary McHale, Nat Gambuzza & Timothy Blashford - CBRE (@CBRE)
SALE PRICE: $53,000,000
UNITS: 301 ~ PPU: $176,080
#NewJersey #RealEstate #TradedNJ #EastOrange #Multifamily #OneWallCommunities #NateKline #JeffreyDunne #JeremyNeuer #SteveBardsley #DavidGavin #RichardGatto #FahriOzturk #TravisLanger #ZacharyMcHale #NatGambuzza #TimothyBlashford #CBRE
SALE
IMAGE: Brad Nathanson
DATE: 01/10/2022
ADDRESS: 620 Easton Rd
MARKET: Warrington, PA
ASSET TYPE: Retail
BUYER: Realty Resource Capital Corp
SELLER: Valley Forge Investment Corp.
BROKER: Brad Nathanson - Institutional Property Advisors (IPA) - Marcus & Millichap
SALE PRICE: $22,500,000
SF: 87,581 ~ PPSF: $257
#NewJersey #RealEstate #TradedNJ #WarringtonPlaza #Philadelphia #Warrington #Retail #RealtyResourceCapitalCorp #ValleyForgeInvestmentCorp #BradNathanson #InstitutionalPropertyAdvisors #MarcusandMillichap
Jan 12
SALE
IMAGE: Brad Nathanson
DATE: 01/10/2022
ADDRESS: 620 Easton Rd
MARKET: Warrington, PA
ASSET TYPE: Retail
BUYER: Realty Resource Capital Corp
SELLER: Valley Forge Investment Corp.
BROKER: Brad Nathanson - Institutional Property Advisors (IPA) - Marcus & Millichap
SALE PRICE: $22,500,000
SF: 87,581 ~ PPSF: $257
#NewJersey #RealEstate #TradedNJ #WarringtonPlaza #Philadelphia #Warrington #Retail #RealtyResourceCapitalCorp #ValleyForgeInvestmentCorp #BradNathanson #InstitutionalPropertyAdvisors #MarcusandMillichap
SALE
IMAGE: Jeremy Neuer, Steve Bardsley, Jeffrey Dunne, Stuart MacKenzie, Eric Apfel & Travis Langer
DATE: 01/11/2022
ADDRESS: 24 Jones St
MARKET: Newark
ASSET TYPE: Multifamily
BUYER: RJ Block Properties
SELLER: Tucker Development
BROKERS: Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, Stuart MacKenzie, Eric Apfel & Travis Langer - CBRE (@CBRE)
SALE PRICE: $36,500,000
UNITS: 152 ~ PPU: $240,132
#NewJersey #RealEstate #TradedNJ #24Jones #Newark #Multifamily #RJBlockProperties #TuckerDevelopment #JeffreyDunne #JeremyNeuer #SteveBardsley #StuartMacKenzie #EricApfel #TravisLanger #CBRE
Jan 12
SALE
IMAGE: Jeremy Neuer, Steve Bardsley, Jeffrey Dunne, Stuart MacKenzie, Eric Apfel & Travis Langer
DATE: 01/11/2022
ADDRESS: 24 Jones St
MARKET: Newark
ASSET TYPE: Multifamily
BUYER: RJ Block Properties
SELLER: Tucker Development
BROKERS: Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, Stuart MacKenzie, Eric Apfel & Travis Langer - CBRE (@CBRE)
SALE PRICE: $36,500,000
UNITS: 152 ~ PPU: $240,132
#NewJersey #RealEstate #TradedNJ #24Jones #Newark #Multifamily #RJBlockProperties #TuckerDevelopment #JeffreyDunne #JeremyNeuer #SteveBardsley #StuartMacKenzie #EricApfel #TravisLanger #CBRE
LOAN
IMAGE: Daniel Abrahams, Oniel Samuel, Shai Moschowits & Eric Trombly
DATE: 12/31/2021
ADDRESS: 1106 5th Avenue S. & 5621, 5615, 5605, 5601 NW 8th Street
MARKET: Lake Worth & Margate, FL
ASSET TYPE: Industrial ~ SF: 28,500
LANDLORD: ODAN Capital & Present Equity - Daniel Abrahams, Oniel Samuel, & Shai Moschowits
BROKER: Eric Trombly - @BlackBearCapitalPartners
BUYER'S REP: Jamie Posner – EXP Realty
LOAN AMOUNT: $3,055,000
LOAN TYPE: Acquisition
LOAN TERMS: The acquisition of the two (2) industrial office properties were financed on a 10-year, non-recourse loan featuring 2-years of interest only payments at a fixed rate of 3.85%.
#Florida #RealEstate #LakeWorthandMargate #JamiePosner #EXPRealty #ODANCapitalandPresentEquity #DanielAbrahams #OnielSamuel #ShaiMoschowits #EricTrombly #BlackBearCapitalPartners #TradedNewYork #TradedMiami #TradedChicago #TradedNewJersey
Jan 12
LOAN
IMAGE: Daniel Abrahams, Oniel Samuel, Shai Moschowits & Eric Trombly
DATE: 12/31/2021
ADDRESS: 1106 5th Avenue S. & 5621, 5615, 5605, 5601 NW 8th Street
MARKET: Lake Worth & Margate, FL
ASSET TYPE: Industrial ~ SF: 28,500
LANDLORD: ODAN Capital & Present Equity - Daniel Abrahams, Oniel Samuel, & Shai Moschowits
BROKER: Eric Trombly - @BlackBearCapitalPartners
BUYER'S REP: Jamie Posner – EXP Realty
LOAN AMOUNT: $3,055,000
LOAN TYPE: Acquisition
LOAN TERMS: The acquisition of the two (2) industrial office properties were financed on a 10-year, non-recourse loan featuring 2-years of interest only payments at a fixed rate of 3.85%.
#Florida #RealEstate #LakeWorthandMargate #JamiePosner #EXPRealty #ODANCapitalandPresentEquity #DanielAbrahams #OnielSamuel #ShaiMoschowits #EricTrombly #BlackBearCapitalPartners #TradedNewYork #TradedMiami #TradedChicago #TradedNewJersey
SALE
IMAGE: Daniel Lanni
DATE: 12/29/2021
ADDRESS: 1215 Springwood Ave & 1266 Washington Ave
MARKET: Asbury Park, NJ
ASSET TYPE: Multifamily
BUYER'S REP: Joe Keenan - Kislak Realty
SELLER'S REP: Daniel Lanni (@Dantrepreneur_) - Kislak Realty
SALE PRICE: $5,925,000
UNITS: 49 ~ PPU: $120,918
#NewJersey #RealEstate #TradedNJ #AsburyPark #Multifamily #JoeKeenan #KislakRealty #DanielLanni
Jan 12
SALE
IMAGE: Daniel Lanni
DATE: 12/29/2021
ADDRESS: 1215 Springwood Ave & 1266 Washington Ave
MARKET: Asbury Park, NJ
ASSET TYPE: Multifamily
BUYER'S REP: Joe Keenan - Kislak Realty
SELLER'S REP: Daniel Lanni (@Dantrepreneur_) - Kislak Realty
SALE PRICE: $5,925,000
UNITS: 49 ~ PPU: $120,918
#NewJersey #RealEstate #TradedNJ #AsburyPark #Multifamily #JoeKeenan #KislakRealty #DanielLanni
SALE
IMAGE: Gershon Adjaye
DATE: 01/07/2022
ADDRESS: 4315 Park Ave #PH8B
MARKET: Union City, NJ
ASSET TYPE: Condo
BUYER: Debraj Addya
BUYER's REP: Amar Mody - Prominent Properties Sotheby’s
SELLER: Sean & Yulia Perruzzi
SELLER'S REP: Gershon Adjaye (@GershGroup) - Keller Williams Realty (@KellerWilliamsRealty)
ASKING PRICE: $849,000
SALE PRICE: $800,000
SF: 1,841 ~ PPSF: $435
#NewJersey #RealEstate #TradedNJ #UnionCity #Condo #DebrajAddya #AmarMody #ProminentPropertiesSotheby #SeanPerruzzi #YuliaPerruzzi #GershonAdjaye #KellerWilliamsRealty
Jan 12
SALE
IMAGE: Gershon Adjaye
DATE: 01/07/2022
ADDRESS: 4315 Park Ave #PH8B
MARKET: Union City, NJ
ASSET TYPE: Condo
BUYER: Debraj Addya
BUYER's REP: Amar Mody - Prominent Properties Sotheby’s
SELLER: Sean & Yulia Perruzzi
SELLER'S REP: Gershon Adjaye (@GershGroup) - Keller Williams Realty (@KellerWilliamsRealty)
ASKING PRICE: $849,000
SALE PRICE: $800,000
SF: 1,841 ~ PPSF: $435
#NewJersey #RealEstate #TradedNJ #UnionCity #Condo #DebrajAddya #AmarMody #ProminentPropertiesSotheby #SeanPerruzzi #YuliaPerruzzi #GershonAdjaye #KellerWilliamsRealty
LOAN
IMAGE: Matthew Stearns & Raymond Zanca
DATE: 12/29/2021
ADDRESS: 2930 W County Highway
MARKET: Santa Rosa Beach, FL
ASSET TYPE: Office ~ SF: 12,000
BROKERS: Matthew Stearns & Raymond Zanca - @BlackBearCapitalPartners
LOAN AMOUNT: $3,132,725
LOAN TYPE: Acquisition
LOAN TERMS: The acquisition of the 12K SF boutique office building was financed on a 10-year fixed-rate loan at 73% loan-to-value (LTV).
#Florida #RealEstate #SantaRosaBeach #Office #MatthewStearns #RaymondZanca #BlackBearCapitalPartners #TradedNewYork #TradedMiami #TradedChicago #TradedNewJersey
Jan 11
LOAN
IMAGE: Matthew Stearns & Raymond Zanca
DATE: 12/29/2021
ADDRESS: 2930 W County Highway
MARKET: Santa Rosa Beach, FL
ASSET TYPE: Office ~ SF: 12,000
BROKERS: Matthew Stearns & Raymond Zanca - @BlackBearCapitalPartners
LOAN AMOUNT: $3,132,725
LOAN TYPE: Acquisition
LOAN TERMS: The acquisition of the 12K SF boutique office building was financed on a 10-year fixed-rate loan at 73% loan-to-value (LTV).
#Florida #RealEstate #SantaRosaBeach #Office #MatthewStearns #RaymondZanca #BlackBearCapitalPartners #TradedNewYork #TradedMiami #TradedChicago #TradedNewJersey
LOAN
IMAGE: Raymond Zanca & Matthew Stearms
DATE: 12/20/2021
ADDRESS: NE Corner of Powers Boulevard & Galley Road
MARKET: Colorado Springs, CO
ASSET TYPE: Multi Family
LANDLORD: Jackson Dearborn Partners
BROKERS: Raymond Zanca & Matthew Stearms - @BlackBearCapitalPartners
LOAN AMOUNT: $51,700,000
LOAN TYPE: Construction
LOAN TERMS: The ground-up construction of Solace at Cimarron Hills, a 234-unit multifamily development, was financed at 75% loan-to-cost (LTC) with interest-only payments for the entirety of the term.
#LosAngeles #RealEstate #tradedla #ColoradoSprings #Colorado #NewYork #NewJersey #MultiFamily #JacksonDearbornPartners #RaymondZanca #MatthewStearms #BlackBearCapitalPartners
Jan 11
LOAN
IMAGE: Raymond Zanca & Matthew Stearms
DATE: 12/20/2021
ADDRESS: NE Corner of Powers Boulevard & Galley Road
MARKET: Colorado Springs, CO
ASSET TYPE: Multi Family
LANDLORD: Jackson Dearborn Partners
BROKERS: Raymond Zanca & Matthew Stearms - @BlackBearCapitalPartners
LOAN AMOUNT: $51,700,000
LOAN TYPE: Construction
LOAN TERMS: The ground-up construction of Solace at Cimarron Hills, a 234-unit multifamily development, was financed at 75% loan-to-cost (LTC) with interest-only payments for the entirety of the term.
#LosAngeles #RealEstate #tradedla #ColoradoSprings #Colorado #NewYork #NewJersey #MultiFamily #JacksonDearbornPartners #RaymondZanca #MatthewStearms #BlackBearCapitalPartners