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Meridian Capital Group Arranges $210M Refinance Loan For Holmdel Mixed-Use Property

101 Crawfords Corner Road
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This Mixed-use property located in NJ received a loan of $210,000,000 almost 2 years ago. The brokers of the deal were Eli Serebrowski, Drew Anderman, David Bollag, and Alan Blank

Located at 101 Crawfords Corner Road in Holmdel, NJ, this mixed-use property spans approximately 1,370,000 square feet. The property is owned by Adarsan Holdings Limited and Somerset Development and features a diverse range of uses.

Summary of transaction details

The loan for this transaction was provided by Citi, BMO, and Barclays. The loan amount totaled $210,000,000 and was used to refinance the property. The loan terms include a 10-year term with a fixed interest rate and interest-only payments.

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Deals
  • Location
    101 Crawfords Corner Road, Holmdel, New Jersey 07733, United States101 Crawfords Corner Road, Holmdel, New Jersey 07733, United States
  • Loan Value
    $210,000,000$210,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Eli Serebrowski

Eli Serebrowski

Deals7
Financed$493.9M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2414
Volume$65.9B

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Deal Summary

LOAN IMAGE: Drew Anderman, Alan Blank, David Bollag & Eli Serebrowski DATE: 04/08/2022 ADDRESS: 101 Crawfords Corner Road MARKET: Holmdel, NJ ASSET TYPE: Mixed-use ~ SF: 1,370,000 LENDER: Citi, BMO & Barclays LANDLORD: Adarsan Holdings Limited & Somerset Development BROKERS: Drew Anderman (@DrewAnderman), Alan Blank, David Bollag (@DaveBollag) & Eli Serebrowski - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $210,000,000 LOAN TYPE: Refinance LOAN TERMS: 10 year, fixed rate, interest only

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101 Crawfords Corner Road

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