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Invictus Real Estate Partners Provides $63.2M Recap Loan For Condo Development On Churchill Road

8701 Churchill Road
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This Condo property located in NJ received a loan of $63,200,000 over 1 year ago. The brokers of the deal were Noam Katz, Michael Rothstein, Eli Terry, Jonathan Aghravi, and Aaron Kerben

A condo property located at 8701 Churchill Road in North Bergen has been involved in a recent closed transaction. The property consists of 70 units and is owned by Skyline Development Group and Vasco Ventures.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $63,200,000
  • Address: 8701 Churchill Road
  • Market: North Bergen
  • Units: 70

Invictus Real Estate Partners, represented by Chris Pardo, provided a recap loan of $63,200,000 for this transaction. The loan type was recapitalization. The brokers involved in the deal were Jonathan Aghravi and Eli Terry of JBA Equities, and Noam Katz and Michael Rothstein of Agile Capital Partners.

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Deals
  • Location
    8701 Churchill Road8701 Churchill Road
  • Loan Value
    $63,200,000$63,200,000
  • Asset Type
    CondoCondo
  • Parties
    5 Brokers, 1 Agency, 1 Lender5 Brokers, 1 Agency, 1 Lender

Agents

Noam Katz

Noam Katz

Deals1
Financed$63.2M

Michael Rothstein

Michael Rothstein

Deals1
Financed$63.2M

Aaron Kerben

Aaron Kerben

Deals1
Financed$63.2M

Agency

JBA Equities

JBA Equities

Agency
Deals82
Volume$2.3B

Invictus Real Estate Partners

Invictus Real Estate Partners

Lender
Deals3
Volume$ 11.8B

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Deal Summary

LOAN IMAGE: Chris Pardo, Eli Terry, Jonathan Aghravi & Michael Rothstein DATE: 04/12/2022 ADDRESS: 8701 Churchill Road MARKET: North Bergen ASSET TYPE: Condo ~ UNITS: 70 LENDER: Invictus Real Estate Partners - Chris Pardo LANDLORD: Skyline Development Group & Vasco Ventures BROKERS: JBA Equities - Jonathan Aghravi & Eli Terry & Agile Capital Partners - Noam Katz & Michael Rothstein LOAN AMOUNT: $63,200,000 LOAN TYPE: Recap

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8701 Churchill Road

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