Aspen Real Estate Acquires Retail Property In Vineland, NJ For $9.6M Loan

The retail property located at 301 South Main Road in Vineland, NJ has been involved in a recent transaction. This property spans across 140,000 square feet and is owned by Aspen Real Estate.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $9,600,000
• Loan Type: Acquisition
• Loan Terms: fixed-rate loan with a five-year term and a 25-year amortization schedule
• Brokers: Andrew Stewart & David Poncia from Cronheim Mortgage

The loan amount for this acquisition was $9,600,000. It was secured through a fixed-rate loan with a five-year term and a 25-year amortization schedule.

The brokers involved in this transaction were Andrew Stewart and David Poncia from Cronheim Mortgage. They represented the buyer in securing the loan for the acquisition.