Halpern Real Estate Ventures Secures $65M Construction Financing For Jersey City Development Site
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This Development Site property located in NJ received a loan of $65,000,000 over 2 years ago. The brokers of the deal were Carlos Silva, Max Custer, Thomas E. Didio, Jr, Michael "Mike" Tepedino, and Michael Gigliotti
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- Location49 Fisk Street, Jersey City, NJ 07305
- Loan Value$65,000,000
- Asset TypeDevelopment Site
- Parties5 Brokers, 1 Agency
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Deal Summary
LOAN
IMAGE: Mike Tepedino, Michael Gigliotti, Max Custer & Thomas E. Didio, Jr.
DATE: 12/14/2021
ADDRESS: 49 Fisk Street
MARKET: Jersey City
ASSET TYPE: Development Site ~ UNITS: 337 ~ ACRES: 1.84
LENDER: Bank OZK
LANDLORD: Halpern Real Estate Ventures
BROKERS: Mike Tepedino, Michael Gigliotti, Thomas E. Didio, Jr., Max Custer & Carlos Silva - JLL Capital Markets
LOAN AMOUNT: $65,000,000
LOAN TYPE: Construction Financing
LOAN TERMS: four-year, floating-rate, non-recourse loan
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49 Fisk Street
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