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400-490 South Avenue

Gerard Quinn, Thomas (Tom) Didio and Thomas E. Didio, Jr broker a $80,000,000 loan for Multi Family property. The deal closed 8 months and 20 days ago.

  • Location image 400 South Avenue, Garwood, New Jersey 07027, United States
  • Loan Value
    image $80,000,000
  • Asset Type image Multi Family
  • Parties image3 Brokers,1 Agency
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Gerard Quinn

JLL
  • Deals 12
  • Volume $640,690,000
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Thomas (Tom) Didio

JLL
  • Deals 7
  • Volume $383,740,000
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Thomas E. Didio, Jr

JLL
  • Deals 18
  • Volume $927,480,000
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JLL

Agency
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Comparables: 400-490 South Avenue

Showing 4 of 16

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Price Icon $85,400,000

  • StatusLOAN
  • Date09/20/22
  • Address15 Carbon Place, Jersey City, New Jersey 07305, United States
  • Address15 Carbon...
  • AssetMULTI FAMILY
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Price Icon $78,000,000

  • StatusLOAN
  • Date08/25/22
  • Address1000 Schindler Dr, South Amboy, New Jersey 08879, United States
  • Address1000 Schindler...
  • AssetMULTI FAMILY
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Price Icon $74,300,000

  • StatusLOAN, $INF PPSF
  • Date06/02/22
  • Address322-324 Park Avenue, Newark, New Jersey 07107, United States
  • Address322-324 Park...
  • AssetMULTI FAMILY
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Price Icon $88,340,000

  • StatusLOAN, $INF PPSF
  • Date05/11/22
  • Address532 Summit Avenue, Jersey City, New Jersey 07306, United States
  • Address532 Summit...
  • AssetMULTI FAMILY
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This Deal on Social

LOAN
IMAGE: Thomas R. Didio & Thomas E. Didio, Jr.
DATE: 01/19/2022
ADDRESS: 400-490 South Ave
MARKET: Garwood, NJ
ASSET TYPE: Multifamily ~ UNITS: 296

LANDLORD: Russo Development, LLC
BROKERS: Thomas R. Didio, Thomas E. Didio, Jr. & Gerard Quinn – JLL Capital Markets

LOAN AMOUNT: $80,000,000
LOAN TYPE: Refinancing Loan
LOAN TREMS: 10-year, fixed-rate, non-recourse loan through a national life insurance company at a low-two percent coupon, including a nine-month forward component

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LOAN
IMAGE: Thomas R. Didio & Thomas E. Didio, Jr.
DATE: 01/19/2022
ADDRESS: 400-490 South Ave
MARKET: Garwood, NJ
ASSET TYPE: Multifamily ~ UNITS: 296

LANDLORD: Russo Development, LLC
BROKERS: Thomas R. Didio, Thomas E. Didio, Jr. & Gerard Quinn – JLL Capital Markets

LOAN AMOUNT: $80,000,000
LOAN TYPE: Refinancing Loan
LOAN TREMS: 10-year, fixed-rate, non-recourse loan through a national life insurance company at a low-two percent coupon, including a nine-month forward component

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Contact Gerard Quinn

Tom is a senior managing director in the New Jersey office of JLL Capital Markets, Americas. He joined JLL as...

Tom is a senior managing director in the New Jersey office of JLL Capital Markets, Americas. He joined JLL as...

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