294 South Washington Avenue

  • $11100000
294 S Washington Ave, Bergenfield, NJ, USA
Closed Deal Loan

294 South Washington Avenue

294 S Washington Ave, Bergenfield, NJ, USA
  • $11100000
Andrew Stewart and Allison Villamagna broker a $11,100,000 loan for Multi Family property. The deal closed 21 months and 4 days ago.

Building Info

  • Units: 150
  • Property Type: Multi Family
  • Square Feet: 950

Location

  • Address 294 S Washington Ave, Bergenfield, NJ, USA
  • City New Jersey
  • State New Jersey
  • Zip Code 07621
  • Country United States

Description

LOAN
IMAGE: Andrew Stewart
DATE: 04/19/2021
ADDRESS: 294 S Washington Ave
MARKET: Bergenfield, NJ
ASSET TYPE: Multifamily

BROKERS: Allison Villamagna & Andrew Stewart – Cronheim Mortgage

LOAN AMOUNT: $11,100,000
LOAN TERMS: 10-year financing with a 30-year amortization was structured with extremely flexible prepayment terms as it has a step down prepay in the 1st five years of the term and can be repaid at any time with no premium after the 5th year. In addition, up to 20% of the loan can be repaid in any one year with no prepayment premium.
UNITS: 150
ACRES: 4.7


Contact

Experts

agent-image
Managing Partner
Managing Partner
agent-image
Associate
Associate
agent-image
Director
Director
agent-image
Senior Managing Director
Senior Managing Director
agent-image
Founding Partner
Kathy has more than 25 years of banking and finance lending experience. Her proficiency in..
Founding Partner
Kathy has more than 25 years of banking and finance lending experience. Her proficiency in..
agent-image
Senior Managing Partner
Senior Managing Partner
agent-image
Principal
Principal
agent-image
Assistant Vice President
Assistant Vice President
agent-image
Vice President
Vice President
agent-image
Senior Managing Director
Senior Managing Director
agent-image
Partner

Comps


Experts

agent-image
Managing Partner
Managing Partner
agent-image
Associate
Associate
agent-image
Director
Director
agent-image
Senior Managing Director
Senior Managing Director
agent-image
Founding Partner
Kathy has more than 25 years of banking and finance lending experience. Her proficiency in..
Founding Partner
Kathy has more than 25 years of banking and finance lending experience. Her proficiency in..
agent-image
Senior Managing Partner
Senior Managing Partner
agent-image
Principal
Principal
agent-image
Assistant Vice President
Assistant Vice President
agent-image
Vice President
Vice President
agent-image
Senior Managing Director
Senior Managing Director
agent-image
Partner

Building Info

  • Units: 150
  • Property Type: Multi Family
  • Square Feet: 950

Location

  • Address 294 S Washington Ave, Bergenfield, NJ, USA
  • City New Jersey
  • State New Jersey
  • Zip Code 07621
  • Country United States

Description

LOAN
IMAGE: Andrew Stewart
DATE: 04/19/2021
ADDRESS: 294 S Washington Ave
MARKET: Bergenfield, NJ
ASSET TYPE: Multifamily

BROKERS: Allison Villamagna & Andrew Stewart – Cronheim Mortgage

LOAN AMOUNT: $11,100,000
LOAN TERMS: 10-year financing with a 30-year amortization was structured with extremely flexible prepayment terms as it has a step down prepay in the 1st five years of the term and can be repaid at any time with no premium after the 5th year. In addition, up to 20% of the loan can be repaid in any one year with no prepayment premium.
UNITS: 150
ACRES: 4.7


Contact

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Allison Villamagna
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