FINANCED
BrightSpire Capital Provides $43M Bridge Loan For Jersey City Multifamily Property
74 Maple Street
MultiFamily
179,400 SF
179,400 SF
Financed 1 year ago
Summary
Loan
NEW JERSEY
MultiFamily
179,400 sqft
The property involved in this transaction is a multifamily located at 74 Maple St in Jersey City, NJ. The deal was closed on 07/23/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $43,000,000
- Market: Jersey City, NJ
The loan for this transaction was provided by BrightSpire Capital. The loan amount was $43,000,000, and it had a three-year, floating-rate bridge loan term. The property consists of 104 units.
Golden Glades Capital Management is the landlord for this property. The brokers involved in this transaction were Matthew Pizzolato & Thomas E. Didio Jr. from JLL Capital Markets.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Matthew Pizzolato & Thomas E. Didio Jr.
DATE: 07/23/2021
ADDRESS: 74 Maple St
MARKET: Jersey City, NJ
ASSET TYPE: Multifamily
LENDER: BrightSpire Capital
LANDLORD: Golden Glades Capital Management
BROKERS: Matthew Pizzolato & Thomas E. Didio Jr. - JLL Capital Markets
LOAN AMOUNT: $43,000,000
LOAN TERMS: Three-year, floating-rate bridge loan
UNITS: 104View on map
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Address74 Maple Street
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