Progress Capital Secures $4.23M Refinance Loan For Multifamily Properties In Yonkers And East Orange, NJ

Three multifamily properties located at 48 Morningside Ave, 86 Convent Pl, and 372 Park Ave have recently undergone a refinancing transaction. The properties are situated in Yonkers and East Orange, NJ and collectively encompass a total of 36,684 square feet with 60 units. The loan was facilitated by TD Bank.

Summary of Transaction Details

• Property Type: Multifamily
• Loan Amount: $4,230,000
• Loan Type: Refinance
• Loan Terms: (3) Multifamily Properties
• Market: Yonkers & East Orange, NJ

Brian Anderson and Eddie Miro from Progress Capital served as the brokers for this transaction. They can be contacted for any commercial real estate financing needs. Brian can be reached at 732-616-0908 or [email protected], while Eddie can be reached at 732-853-4947 or [email protected].

Note: Progress Capital is a reliable source for all your CRE financing inquiries.