Pointe Developers Refinances Multifamily Property In Jersey City For $14M | 253 Academy Street | Kathy Anderson | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

9,400 sqft

The multifamily property located at 253 Academy St. in Jersey City has been involved in a refinancing transaction. The property comprises 79 units and is owned by Pointe Developers. The deal was facilitated by the broker Kathy Anderson from Progress Capital. The loan amount for this transaction is $14,000,000.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $14,000,000
Units: 79
Address: 253 Academy St.
Market: Jersey City

Kathy Anderson from Progress Capital represented the owner, Pointe Developers, in this refinancing loan.

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Players

All
2

Agents
1
Agencies
1

Kathy Anderson

Founding Partner

$99.2M Sold

Details

Deal Summary

FINANCED

IMAGE: Kathy Anderson DATE: 04/05/2022 ADDRESS: 253 Academy St. MARKET: Jersey City ASSET TYPE: Multifamily ~ UNITS: 79 LANDLORD: Pointe Developers BROKER: Kathy Anderson - Progress Capital (@Progress.Capital) LOAN AMOUNT: $14,000,000 LOAN TYPE: Refinancing Loan

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Address253 Academy Street

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