Nationwide Life Insurance Co. Provides $12M Loan For Somerset Multifamily Property At 745 Hamilton St | 745 Hamilton Street | Nationwide | Michael Lachs, Matthew Pizzolato, Jim Cadranell | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

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

Property Type: Multifamily
Transaction Amount: $12,000,000
Market: Somerset
Lender: Nationwide Life Insurance Co.
Landlord: Country Classics
Brokers: Matthew Pizzolato, Jim Cadranell, & Michael Lachs - JLL
Loan Terms: 12-year, fixed-rate
Units: 61

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

Players

All
5

Agents
3
Agencies
1
Lenders
1

$162M Sold

Senior Managing Director

$33M Sold

JLL

Nationwide

Details

Deal Summary

FINANCED

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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Address745 Hamilton Street

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