Arbor Commercial Mortgage Provides $12.5M Acquisition Loan For East Orange Multifamily | 129 Halstead Street | Arbor Realty Trust | Brad Domenico | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

5,651,325 sqft

Arbor Commercial Mortgage has provided a $12,500,000 acquisition loan for a multifamily property located at 129 Halstead Street in East Orange. The transaction took place on November 5, 2020.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $12,500,000
Lender: Arbor Commercial Mortgage
Broker: Brad Domenico - Progress Capital
Market: East Orange

The loan facilitated the acquisition of the property, providing the necessary funds for the transaction. Brad Domenico from Progress Capital acted as the broker representing the buyer in the deal.

Players

All
3

Agents
1
Agencies
1
Lenders
1

$735.9M Sold

Details

Deal Summary

FINANCED

IMAGE: Brad Domenico DATE: 11/05/2020 ADDRESS: 129 Halstead Street MARKET: East Orange ASSET TYPE: Multifamily LENDER: Arbor Commercial Mortgage BROKER: Brad Domenico (@Domenico317) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $12,500,000 TYPE: Acquisition Loan

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Address129 Halstead Street

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