340 Old River Road

  • $34500000
Closed Deal Loan

340 Old River Road

340 Old River Road, Edgewater, NJ, USA
  • $34500000
JB Bruno, Jose Cruz, Michael Oliver, Steve Simonelli, Matthew Pizzolato and Michael Klein broker a 34500000 loan for Mixed Use property. The deal closed 9 days ago.

Building Info

  • Units: 100
  • Property Type: Mixed Use
  • Square Feet: 12402

Location

  • Address 340 Old River Road, Edgewater, NJ, USA
  • City New Jersey
  • State/county New Jersey
  • Zip/Postal Code 07020
  • Country United States

Description

LOAN
IMAGE: Matthew Pizzolato, Michael Klein, Bennat Berger, Gavin Evans, Benjamin Joseph, Andrew Miller & Brian Haber
DATE: 11/22/2021
ADDRESS: 340 Old River Road
MARKET: Edgewater, NJ
ASSET TYPE: Mixed-use ~ UNITS: 100

LENDER: PGIM
LANDLORD: Skylight Real Estate Partners – Bennat Berger, Gavin Evans, Benjamin Joseph & Andrew Miller; PCCP – Brian Haber
BROKERS: Michael Klein & Matthew Pizzolato – JLL

SELLER: Waterton Associates
SALE BROKERS: Jose Cruz, Steve Simonelli, Michael Oliver & J.B. Bruno – JLL

LOAN AMOUNT: $34,500,000
LOAN TYPE: Acquisition
LOAN TERMS: five-year, floating rate loan

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