National Life Group Provides $10.5M Refinancing Loan For Fairfield Multifamily Property | 74 Passaic Avenue | Gerard Quinn, Max Custer, Michael Klein | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

814 sqft

The multifamily property located at 74 Passaic Ave in Fairfield has recently undergone a refinancing transaction. The property consists of 36 units and is owned by 74 Passaic Avenue LLC.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $10,500,000
Date: 11/10/2021
Address: 74 Passaic Ave
Market: Fairfield
Lender: National Life Group
Landlord: 74 Passaic Avenue LLC
Brokers: Michael Klein, Max Custer & Gerard Quinn - JLL

The loan obtained for the property was a 15-year, fixed-rate loan. Michael Klein, Max Custer, and Gerard Quinn from JLL represented the parties involved in the transaction.

Players

All
4

Agents
3
Agencies
1

$305M Sold

$13.5M Sold

Senior Managing Director

$174.1M Sold

JLL

Details

Deal Summary

FINANCED

IMAGE: Michael Klein & Max Custer DATE: 11/10/2021 ADDRESS: 74 Passaic Ave MARKET: Fairfield ASSET TYPE: Multifamily ~ UNITS: 36 LENDER: National Life Group LANDLORD: 74 Passaic Avenue LLC BROKERS: Michael Klein, Max Custer & Gerard Quinn - JLL LOAN AMOUNT: $10,500,000 LOAN TYPE: Refinancing LOAN TERMS: 15-year, fixed-rate loan

View on map

Address74 Passaic Avenue

Comparables

This user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want