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121 Leslie Street, 15-17 Birks Street, 489-491 Irvine Turner Boulevard, 265-267 Clinton Avenue, 269 Clinton Avenue, 92 Osborne Terrace., 237 Fabyan Place, 197 North 11th Street, 278-280 Oraton Street, 512 South 14th Street, 533 South 10th Street
FINANCED

Sharestates, Inc Provides $12.7M Loan For 37 Property Portfolio In Newark, NJ

121 Leslie Street, 15-17 Birks Street, 489-491 Irvine Turner Boulevard, 265-267 Clinton Avenue, 269 Clinton Avenue, 92 Osborne Terrace., 237 Fabyan Place, 197 North 11th Street, 278-280 Oraton Street, 512 South 14th Street, 533 South 10th Street

MultiFamily
3,162 SF
clock iconFinanced 1 year ago
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Summary

Loan
NEW JERSEY
MultiFamily
3,162 sqft

A 37 property portfolio loan for 1-4 family properties in Newark, NJ has been closed. The loan amount provided by sharestates''>Sharestates, Inc is $12,744,000 with a term of 30 years and a 5-year interest-only fixed rate. The properties included in the loan are located at the following addresses: 121 Leslie St., 15-17 Birks St., 489-491 Irvine Turner Blvd., 265-267 Clinton Ave., 269 Clinton Ave., 92 Osborne Terr., 237 Fabyan Pl., 197 N. 11th St., 278-280 Oraton St., 512 S. 14Th St., and 533 S. 10Th St.

Summary of transaction details:

  • Property Type: 1-4 family properties
  • Transaction Amount: $12,744,000
  • Market: Newark, NJ
  • Lender: Sharestates, Inc
  • Broker: Ben Schwartz - Eastern Union

Ben Schwartz from Eastern Union represented the parties involved in this transaction. For more information on rates, Michael from Sharestates can be contacted at [email protected] or Ben Schwartz from Eastern Union at [email protected].

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Ben Schwartz's profile picture
Ben Schwartz
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Senior Loan Consultant | Mortgage Broker | Commercial Real Estate
$15.5M Sold

Details

Deal Summary
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FINANCED
IMAGE: Ben Schwartz & Michael Ramin DATE: 02/11/2021 ADDRESS: 121 Leslie St., 15-17 Birks St., 489-491 Irvine Turner Blvd., 265-267 Clinton Ave., 269 Clinton Ave., 92 Osborne Terr., 237 Fabyan Pl., 197 N. 11th St., 278-280 Oraton St., 512 S. 14Th St., 533 S. 10Th St., MARKET: Newark, NJ ASSET TYPE: 37 Property Portfolio loan (1-4 family properties) LENDER: Sharestates, Inc BROKER: Ben Schwartz - Eastern Union LOAN AMOUNT: $12,744,000 LOAN TERMS: 30-Years - 5 Year IO Fixed. NOTE FROM @SharEstates: For rates please call Michael @sharestates and find out šŸ˜‰ Sharestates is a Direct National Private Lender. 1-4 Family Fix n Flip (Zero Point Program Available!!!!) šŸ’° šŸ“§ [email protected] šŸ“§ [email protected]

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Address121 Leslie Street, 15-17 Birks Street, 489-491 Irvine Turner Boulevard, 265-267 Clinton Avenue, 269 Clinton Avenue, 92 Osborne Terrace., 237 Fabyan Place, 197 North 11th Street, 278-280 Oraton Street, 512 South 14th Street, 533 South 10th Street

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