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Nationwide Life Insurance Co. Provides $12M Loan For Somerset Multifamily Property At 745 Hamilton St

745 Hamilton Street
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This MultiFamily property located in NJ received a loan of $12,000,000 over 3 years ago. The brokers of the deal were Michael Lachs, Matthew Pizzolato, and Jim Cadranell

The property involved in this closed transaction is a multifamily asset located at 745 Hamilton Street in Somerset. The transaction took place on November 20, 2020.

Summary of transaction details

Matthew Pizzolato, Jim Cadranell, and Michael Lachs from JLL represented the parties involved in this transaction.

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Deals
  • Location
    745 Hamilton Street745 Hamilton Street
  • Loan Value
    $12,000,000$12,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency, 1 Lender3 Brokers, 1 Agency, 1 Lender

Agents

Michael Lachs

Michael Lachs

Deals15
Financed$775.2M

Matthew Pizzolato

Matthew Pizzolato

Deals29
Financed$1B

Jim Cadranell

Jim Cadranell

Deals16
Financed$930.5M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

Nationwide

Nationwide

Lender
Deals9
Volume$ 17.5B

Social

Deal Summary

LOAN⁠ IMAGE: Matthew Pizzolato & Jim Cadranell⁠ DATE: 11/20/2020⁠ ADDRESS: 745 Hamilton Street⁠ MARKET: Somerset⁠ ASSET TYPE: Multifamily⁠ ⁠ LENDER: Nationwide Life Insurance Co.⁠ LANDLORD: Country Classics⁠ BROKERS: Matthew Pizzolato, Jim Cadranell, & Michael Lachs - JLL⁠ ⁠ LOAN AMOUNT: $12,000,000⁠ LOAN TERMS: 12-year, fixed-rate⁠ UNITS: 61⁠

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745 Hamilton Street

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