Harbor Group International & Azure Partners Acquire Multifamily Property In Somerset For $88M
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This MultiFamily property located in NJ received a loan of $88,000,000 about 3 years ago. The brokers of the deal were Jamie Leachman, Thomas E. Didio, Jr, Matthew Pizzolato, and Amit Kakar
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- Location500 Bristol Boulevard, Somerset, NJ, USA
- Loan Value$88,000,000
- Asset TypeMultiFamily
- Parties4 Brokers, 1 Agency
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Deal Summary
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LOAN
IMAGE: Jamie Leachman, Matthew Pizzolato, Amit Kakar, & Thomas E. Didio, Jr.
DATE: 01/11/2021
ADDRESS: 500 Bristol Boulevard
MARKET: Somerset
ASSET TYPE: Multifamily
UNITS: 384
LENDER: Freddie Mac Optigo
LANDLORD: Harbor Group International & Azure Partners
BROKERS: Jamie Leachman, Matthew Pizzolato, Amit Kakar & Thomas E. Didio, Jr. - JLL Capital Markets
LOAN AMOUNT: $88,000,000
LOAN TERMS: 10-year, floating-rate loan
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500 Bristol Boulevard
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