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619 Adams Street⁠
FINANCED

Freddie Mac Optigo Provides $21.65M Loan For Hoboken Multifamily Property

619 Adams Street⁠

MultiFamily
19,998 SF
clock iconFinanced 1 year ago
Matthew Pizzolato
Michael Klein
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Summary

Loan
NEW JERSEY
MultiFamily
19,998 sqft

An article has been closed in Hoboken involving a multifamily property located at 619 Adams Street. The property consists of 50 units and was involved in a transaction on November 30, 2020.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Date: November 30, 2020
  • Address: 619 Adams Street, Hoboken
  • Units: 50

The loan for this transaction was provided by Freddie Mac Optigo, with a total amount of $21,650,000. The loan terms span over a duration of 10 years.

JDA Group, LLC represented by Gregory Dell’Aquila acted as the landlord in this deal. The brokers involved were Michael Klein and Matthew Pizzolato from JLL Capital Markets.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Matthew Pizzolato's profile picture
Matthew Pizzolato
JLL-image
Director
$162M Sold

Details

Deal Summary
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FINANCED
IMAGE: Michael Klein & Matthew Pizzolato⁠ DATE: 11/30/2020⁠ ADDRESS: 619 Adams Street⁠ MARKET: Hoboken⁠ ASSET TYPE: Multifamily⁠ UNITS: 50⁠ ⁠ LENDER: Freddie Mac Optigo⁠ LANDLORD: JDA Group, LLC - Gregory Dell’Aquila⁠ BROKERS: Michael Klein & Matthew Pizzolato - JLL Capital Markets⁠ ⁠ LOAN AMOUNT: $21,650,000⁠ LOAN TERMS: 10-year loan⁠

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Address619 Adams Street⁠

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