Kearny Bank Provides $42.4M Acquisition Loan For Retail Property In Millville, NJ
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This Retail property located in NJ received a loan of $42,375,000 over 2 years ago. The broker of the deal was Simon Rosenfeld
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- Location2164 North 2nd Street
- Loan Value$42,375,000
- Asset TypeRetail
- Parties1 Broker, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Simon Rosenfeld & Noah Littell
DATE: 11/17/2021
ADDRESS: 2164 North Second Street
MARKET: Millville, NJ
ASSET TYPE: Retail ~ SF: 392,875
LENDER: Kearny Bank - Noah Littell
BROKERS: Simon Rosenfeld (@SimonRosenfeldNYC) - Meridian Capital Group
LOAN AMOUNT: $42,375,000
LOAN TYPE: Acquisition
LOAN TERMS: $42,375,000 at a fixed interest rate of 3.375% for 10 years with 12 months IO
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2164 North 2nd Street
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