FINANCED
Walker & Dunlop Arranges $85.4M Bridge Loan For Jersey City Multifamily Property
15 Carbon Place & 33 University Place Boulevard
MultiFamily
Financed 1 year ago
Summary
Loan
NEW JERSEY
MultiFamily
The multifamily property located at 15 Carbon Place and 33 University Place Blvd in Jersey City has recently undergone a closed transaction. The property consists of 342 units and is situated in a vibrant market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $85,400,000
- Loan Type: Bridge Loan
- Loan Terms: Two-year, fixed rate, non-recourse
Walker & Dunlop represented the parties involved in the transaction, including John Banas, Kris Wood, Christopher Philipps, John Wilson, Rhett Saltiel, and Erik DiGirolamo.
The loan secured for this transaction amounts to $85,400,000. It is a bridge loan with a two-year term, fixed rate, and non-recourse terms.
Players
Details
FINANCED
IMAGE: John Banas, Kris Wood, Christopher Philipps, John Wilson, Rhett Saltiel & Erik DiGirolamo
DATE: 09/20/2022
ADDRESS: 15 Carbon Place & 33 University Place Blvd
MARKET: Jersey City
ASSET TYPE: Multifamily ~ UNITS: 342
BROKERS: John Banas, Kris Wood, Christopher Philipps, John Wilson, Rhett Saltiel & Erik DiGirolamo (@Erik_Digirolamo) - Walker & Dunlop (@WalkerDunlop)
LOAN AMOUNT: $85,400,000
LOAN TYPE: Bridge Loan
LOAN TERMS: two-year, fixed rate, non-recourseView on map
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Address15 Carbon Place & 33 University Place Boulevard
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