LM Capital Provides $1M Loan For Industrial Property Acquisition In Bogota, NJ

Located at 201 West Fort Lee Road in Bogota, NJ, this industrial property spans 15,000 square feet. The transaction took place on 10/12/2021. The property was acquired through a $1,000,000 loan provided by LM Capital. The loan type is an acquisition, and the terms consist of a 12-month interest-only bridge loan.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,000,000
• Address: 201 West Fort Lee Road, Bogota, NJ
• Market: Bogota, NJ
• Asset Type: Industrial
• Square Footage: 15,000
• Loan Type: Acquisition
• Lender: LM Capital - Jack Beyda
• Landlord: Hershel Rosenfeld
• Broker: Adam Wildstein - Meridian Capital

LM Capital, the lender in this transaction, specializes in bridge loans and is actively seeking opportunities to invest capital. Jack Beyda, representing LM Capital, facilitated the loan. The landlord for this property is Hershel Rosenfeld. Adam Wildstein from Meridian Capital served as the broker in this deal.