Sagi Ashkevits Refinances Industrial Property In Union City With $3M Loan
204 Paterson Plank Road
Industrial
18,000 SF
18,000 SF
Financed 1 year ago
Summary
Located at 204 Paterson Plank Rd. in Union City, this industrial property spans 18,000 square feet. The asset was involved in a recent closed transaction, specifically a refinance loan.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Loan Type: Refinance
- Loan Terms: 75% LTV, 5 years fixed rate @ 3.65%
- Market: Union City
- Landlord: Sagi Ashkevits
- Broker: Daniel Taylor - Onyx Funding
Daniel Taylor from Onyx Funding represented the buyer in securing the refinance loan for this industrial property. The loan terms include a 75% loan-to-value ratio and a fixed rate of 3.65% for a period of five years.
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204 Paterson Plank Road
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