THG Properties Acquires Multifamily Property In Hillside, NJ For $6M | 1510 North Broad Street | Lakeland Bank | Brad Domenico, Eddie Miro | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

33,976 sqft

The property involved in this transaction is a multifamily asset located at 1510 N. Broad Street in Hillside, NJ. It spans a total square footage of 33,976 and comprises 48 units.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $6,000,000
Address: 1510 N. Broad Street, Hillside, NJ
Market: Hillside, NJ

The lender in this deal is Lakeland Bank. The landlord, THG Properties, is represented by Dean Serratelli as their broker. Brad Domenico and Eddie Miro from Progress Capital served as the brokers in this transaction.

The loan amount for this acquisition was $6,000,000.

Players

All
4

Agents
2
Agencies
1
Lenders
1

$735.9M Sold

$62.2M Sold

Details

Deal Summary

FINANCED

IMAGE: Brad Domenico & Eddie Miro DATE: 01/06/2022 ADDRESS: 1510 N. Broad Street MARKET: Hillside, NJ ASSET TYPE: Multifamily ~ SF: 33,976 ~ UNITS: 48 LENDER: Lakeland Bank LANDLORD: THG Properties - Dean Serratelli BROKERS: Brad Domenico (@Domenico317) & Eddie Miro (@Eddie_Miro) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $6,000,000 LOAN TYPE: Acquisition

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Address1510 North Broad Street

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