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Cornerstone Capital Arranges $2.4M Refinance Loan For Retail Property In Haledon, NJ

360 Clinton Street
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This Retail property located in NJ received a loan of $2,425,000 almost 3 years ago. The brokers of the deal were Igor Zakh, Alexander (Alex Nem) Nemirovskiy, and Russell Nova

A retail property located at 360 Clinton St in Haledon, NJ was recently involved in a loan transaction. The loan, taken out for the purpose of refinancing, was provided by Webster Bank. The landlord of the property is Alex Latiff.

Summary of transaction details:

  • Property Type: Retail
  • Loan Amount: $2,425,000
  • Loan Type: Refinance

Cornerstone Capital, represented by Alexander Nemirovskiy, Igor Zakh, and Russell Nova, successfully facilitated the full 20-year fixed loan product for this single-tenant owner-occupied property. They strategically partnered with Webster Bank, choosing not to pursue the SBA route due to the aggressiveness of the lender's rates and terms. Cornerstone Capital has strong relationships with top-tier lenders and can streamline loan applications.

Contact information:

Cornerstone Capital: 718 975 8900, [email protected]

Alexander Nemirovskiy - Senior Credit Officer: 347 751 5232, [email protected]

Igor Zakh - Chief Operating Officer: 917 567 1646, [email protected]

Russell Nova - Principal: 917 559 1820, [email protected]

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Deals
  • Location
    360 Clinton St, Haledon, NJ, USA360 Clinton St, Haledon, NJ, USA
  • Loan Value
    $2,425,000$2,425,000
  • Asset Type
    RetailRetail
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Igor Zakh

Igor Zakh

Deals35
Financed$167.8M

Agency

Cornerstone Capital Financing

Cornerstone Capital Financing

Agency
Deals148
Volume$724M

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Deal Summary

LOAN IMAGE: Alexander Nemirovskiy, Russell Nova, & Igor Zakh DATE: 03/31/2021 ADDRESS: 360 Clinton St MARKET: Haledon, NJ ASSET TYPE: Retail LOAN TYPE: Refinance LENDER: Webster Bank LANDLORD: Alex Latiff BROKERS: Alexander Nemirovskiy (@Alex_Nemy), @Igor_Zakh & @RussellNova - @CornerstoneCapitalofNY LOAN AMOUNT: $2,425,000 LOAN TERMS: 20 Year Fixed RATE: 3.95% NOTE: Cornerstone Capital / @CornerstoneCapitalofNY, was able to provide a FULL 20 YEAR Fixed Loan Product on a Single Tenant Owner Occupied property in Haledon NJ. We strategically positioned this property with our preferred lender, and decided NOT to move ahead with the SBA Route, as our Lenders have been very aggressive with Rates and Terms. Our Lenders Follow us into different territories, with our Underwriting Models. CONTACT US, and Envision yourself at the . @CornerstoneCapitalofNY has relationships with the TOP TIER Lenders, and can position your Request with a seamless process. @CornerstoneCapitalOfNY - 718 975 8900 [email protected] Alexander Nemirovskiy, Senior Credit Officer 📱 347 751 5232 📧 [email protected] Igor Zakh, Chief Operating Officer 📱 917 567 1646 📧 [email protected] Russell Nova, Principal 📱 917 559 1820 📧 [email protected]

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360 Clinton Street

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