Hall Structured Finance Provides $45.5M Bridge Loan For Montclair Hotel At 690 Bloomfield Ave | 690 Bloomfield Avenue | HALL Structured Finance | Spencer Miller, Jay Miller, Aj Felberbaum | Hotel | Loan

Summary

Loan

NEW JERSEY

Hotel

690 Bloomfield Avenue in Montclair has been sold in a closed transaction. The property is a hotel with 159 keys and was purchased by The Hampshire Companies and The Pinnacle Companies.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $45,500,000
Address: 690 Bloomfield Avenue
Market: Montclair

The loan for this transaction was provided by Hall Structured Finance, with Donald Braun being the representative. The loan type is a bridge loan.

BayBridge Real Estate Capital represented both the buyer and seller in this deal. The brokers involved were Jay Miller, AJ Felberbaum, and Spencer Miller.

Players

All
5

Agents
3
Agencies
1
Lenders
1

$125M Sold

BayBridge Real Estate Capital

HALL Structured Finance

Details

Deal Summary

FINANCED

IMAGE: Spencer Miller, Jay Miller & AJ Felberbaum DATE: 07/20/2022 ADDRESS: 690 Bloomfield Avenue MARKET: Montclair ASSET TYPE: Hotel ~ KEYS: 159 LENDER: Hall Structured Finance - Donald Braun LANDLORD: The Hampshire Companies - John Durso; The Pinnacle Companies BROKERS: Jay Miller, AJ Felberbaum & Spencer Miller - BayBridge Real Estate Capital LOAN AMOUNT: $45,500,000 LOAN TYPE: Bridge Loan

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Address690 Bloomfield Avenue

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