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ArrowMark Partners Provides $76M Loan For School In Hopewell, N.J

311 Pennington Rocky Hill Road
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This property located in NJ received a loan of $76,000,000 almost 4 years ago. The brokers of the deal were Donald (Don) Pavlov, Christopher (Chris) Kramer, Nick Scribani, Dustin Stolly, and Jordan (Jordy) Roeschlaub

The school located at 311 Pennington Rocky Hill Road in Hopewell, NJ has recently undergone a closed transaction. The property spans across 1,110,000 square feet and sits on a sprawling 433-acre lot. It is situated in the Hopewell market, contributing to the local real estate landscape.

Summary of transaction details

  • Property Type: School
  • Transaction Amount: $76,000,000
  • Address: 311 Pennington Rocky Hill Road, Hopewell, NJ
  • Market: Hopewell, NJ
  • Loan Amount: $76,000,000
  • SF: 1,110,000
  • Acres: 433

The loan for the transaction was provided by ArrowMark Partners. The landlord involved in the deal includes H.I.G. Realty Partners and Lincoln Equities Group, with Joel Bergstein representing them. Newmark served as the brokerage agency, with Jordan Roeschlaub, Dustin Stolly, Nick Scribani, Chris Kramer, and Don Pavlov representing and facilitating the transaction.

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Deals
  • Location
    311 Pennington Rocky Hill Road, Pennington, NJ 08534311 Pennington Rocky Hill Road, Pennington, NJ 08534
  • Loan Value
    $76,000,000$76,000,000
  • Parties
    5 Brokers, 2 Agencies, 1 Lender5 Brokers, 2 Agencies, 1 Lender

Agents

Donald (Don) Pavlov

Donald (Don) Pavlov

Deals8
Financed$267.2M

Dustin Stolly

Dustin Stolly

Deals218
Financed$37.6B

Jordan (Jordy) Roeschlaub

Jordan (Jordy) Roeschlaub

Deals195
Financed$34.6B

Nick Scribani

Nick Scribani

Deals98
Financed$14.6B

Agencies

Lev

Lev

Agency
Deals111
Volume$1.3B

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

ArrowMark Partners

ArrowMark Partners

Lender
Deals1
Volume$ 217.7B

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Deal Summary

LOAN IMAGE: Chris Kramer, Jordan Roeschlaub, Joel Bergstein, Dustin Stolly & Nick Scribani DATE: 06/17/2021 ADDRESS: 311 Pennington Rocky Hill Road MARKET: Hopewell, N.J ASSET TYPE: School LENDER: ArrowMark Partners LANDLORD: H.I.G. Realty Partners & Lincoln Equities Group - Joel Bergstein BROKERS: Jordan Roeschlaub, Dustin Stolly, Nick Scribani, Chris Kramer & Don Pavlov - Newmark LOAN AMOUNT: $76,000,000 SF: 1,110,000 ACRES: 433

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311 Pennington Rocky Hill Road

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