FINANCED
Ocean First Bank Provides $36M Refinance Loan For Passaic, NJ Mixed-Use Property
217 Brook Avenue - Brook Haven Center
Mixed-use
230,000 SF
230,000 SF
Summary
Loan
NEW JERSEY
Mixed-use
230,000 sqft
Located at 217 Brook Avenue in Brook Haven Center, Passaic, NJ, is a mixed-use property spanning approximately 230,000 square feet. The property includes retail, office, and industrial spaces, as well as 400 parking spots. The transaction took place on October 9, 2022.
Summary of transation details
- Property Type: Mixed-Use
- Transaction Amount: $36,000,000
- Lender: Ocean First Bank
- Loan Type: Refinance
- Loan Terms: 230,000 Sq Ft Retail/Office/Industrial Complex, 400 Parking Spots
The loan for this property was provided by Ocean First Bank. The loan amount for the refinancing was $36,000,000. The brokers involved in the deal were Morris Diamant and David Liechtung from Meridian Capital Group. AnnMarie Sorena and Dan Harris represented the lender as well.
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Details
FINANCED
IMAGE: Morris Diamant & David Liechtung
DATE: 10/09/2022
ADDRESS: 217 Brook Avenue - Brook Haven Center
MARKET: Passaic, NJ
ASSET TYPE: Mixed-Use ~ SF: 230,000
AnnMarie Sorena
LENDER: Ocean First Bank (@OceanFirstBank) - AnnMarie Sorena (@AnnMarieSorena) & Dan Harris
BROKERS: Morris Diamant & David Liechtung - Meridian Capital Group (@Meridian.Capital.Group)
LOAN AMOUNT: $36,000,000
LOAN TYPE: Refinance
LOAN TERMS: 230,000 Sq Ft Retail/Office/Industrial Complex, 400 Parking SpotsView on map
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Address217 Brook Avenue - Brook Haven Center
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