Cooper Horowitz Brokers Secures $27.5M Construction Loan For Long Branch Multifamily Property | 272 Willow Avenue & 258 Morris Avenue | Churchill Real Estate | Jordan Horowitz, Michael Horowitz, Nicholas "Nick" Barbato | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

147,000 sqft

A multifamily property located in Long Branch, at 272 Willow Ave & 258 Morris Ave, was recently involved in a closed transaction. The property spans 147,000 square feet and consists of 87 units. The deal took place on May 25, 2022.

Summary of transaction details

Property Type: Multifamily
Transaction Date: May 25, 2022
Address: 272 Willow Ave & 258 Morris Ave, Long Branch
Units: 87
Square Footage: 147,000

The construction loan for this transaction was provided by Sean Robertson and Jeff Rosenfeld from Churchill Real Estate. They lent a total of $27,500,000 for the project. The loan type was construction.

The brokers involved in the deal were Nick Barbato, Michael Horowitz, and Jordan Horowitz from Cooper Horowitz.

Players

All
5

Agents
3
Agencies
1
Lenders
1

Jordan Horowitz

Commercial Mortgage Broker

Michael Horowitz

$125M Sold

Nicholas "Nick" Barbato

Broker

Cooper Horowitz

Churchill Real Estate

Details

Deal Summary

FINANCED

IMAGE: Michael Horowitz, Jordan Horowitz, Sean Robertson and Jeff Rosenfeld DATE: 05/25/2022 ADDRESS: 272 Willow Ave & 258 Morris Ave MARKET: Long Branch ASSET TYPE: Multifamily ~ UNITS: 87 ~ SF: 147,000 LENDER: Sean Robertson & Jeff Rosenfeld - Churchill Real Estate BROKERS: Nick Barbato, Michael Horowitz (@MikeHoro15) & Jordan Horowitz (@JayHoro15) - Cooper Horowitz (@CooperHorowitz) LOAN AMOUNT: $27,500,000 LOAN TYPE: Construction

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Address272 Willow Avenue & 258 Morris Avenue

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