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1 Park Square
FINANCED

Onewall Partners Secures $34.1M Loan For Multifamily Property In Rahway

1 Park Square

MultiFamily
46,348 SF
clock iconFinanced 1 year ago
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Summary

Loan
NEW JERSEY
MultiFamily
46,348 sqft

Onewall Partners has closed on a $34,125,000 loan for a multifamily property located at 1 Park Square in Rahway. The loan was provided by Capital One with a fixed rate of 3% for 10 years, with 4 years of interest-only payments.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $34,125,000
  • Lender: Capital One
  • Landlord: Onewall Partners
  • Broker: Nate Lowy

This transaction marks an important milestone for Onewall Partners, as they secure financing for the acquisition of the multifamily property at 1 Park Square in Rahway. With a loan amount of $34,125,000 from Capital One, Onewall Partners can proceed with their investment strategy in the Rahway market.

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Nate Lowy's profile picture
Nate Lowy
Juniper Capital Group-image
Founder & CEO

Details

Deal Summary
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FINANCED
IMAGE: Nate Lowy DATE: 01/20/2021 ADDRESS: 1 Park Square MARKET: Rahway ASSET TYPE: Multifamily LENDER: Capital One LANDLORD: Onewall Partners BROKER: Nate Lowy - (@junipercapitalgrp) LOAN AMOUNT: $34,125,000 LOAN TERMS: Rate 3%, 10 year fixed, 4 years IO

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