JLL Capital Markets Arranges $48M Loan For Multifamily Property In Elmwood Park, NJ | 300 Riverfront Boulevard | Investors Bank, Provident Bank | Thomas (Tom) Didio, Thomas E. Didio, Jr | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

300 Riverfront Blvd, a multifamily property located in Elmwood Park, NJ, was recently involved in a closed transaction. The property consists of 240 units and was the subject of a three-year senior loan.

Summary of Transaction Details

Property Type: Multifamily
Loan Amount: $48,000,000
Lender: Provident Bank, Investors Bank, 100 Mile Fund
Landlord: Riverwalk III LLC
Brokers: Thomas Didio & Thomas E. Didio, Jr - JLL Capital Markets
Market: Elmwood Park, NJ

The lenders involved in the transaction were Provident Bank, Investors Bank, and 100 Mile Fund. The brokers representing the deal were Thomas Didio and Thomas E. Didio, Jr, from JLL Capital Markets.

Players

All
5

Agents
2
Agencies
1
Lenders
2

Thomas (Tom) Didio

Senior Managing Director

$162M Sold

Details

Deal Summary

FINANCED

IMAGE: Thomas Didio Jr, Thomas E. Didio, Billy Procida & Chris Martin DATE: 05/10/2021 ADDRESS: 300 Riverfront Blvd MARKET: Elmwood Park, NJ ASSET TYPE: Multifamily LENDER: Provident Bank- Chris Martin; Investors Bank; 100 Mile Fund - Billy Procida LANDLORD: Riverwalk III LLC BROKERS: Thomas Didio & Thomas E. Didio, Jr - JLL Capital Markets LOAN AMOUNT: $48,000,000 LOAN TERMS: three-year senior loan UNITS: 240

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Address300 Riverfront Boulevard

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