Sender Deutsch Secures $9M Construction Financing For 31-Unit Mixed-Use Building On Central Avenue, Jersey City | 70 Central Avenue | S3 Capital | Sender Deutsch | Mixed-use | Loan

Summary

Loan

NEW JERSEY

Mixed-use

65,000 sqft

The closed property transaction involved a mixed-use building located at 70 Central Avenue in Jersey City. The transaction took place on June 26, 2020, with Steven Jemal, Robert Schwartz, and Sender Deutsch as the parties involved.

Summary of transation details

Property Type: Mixed-use
Transaction Amount: $9,000,000
Address: 70 Central Avenue
Market: Jersey City
Lender: S3Capital
Broker: Sender Deutsch – Metropolitan Mortgage
Loan Type: Construction financing for a new 31-unit mixed-use building
Size: 65,000 sqft
Units: 31 residential, 1 commercial, and 32 parking spots

The financing for the construction of the new 31-unit mixed-use building was provided by S3Capital. Sender Deutsch, from Metropolitan Mortgage, served as the broker in the deal.

Players

All
2

Agents
1
Lenders
1

Sender Deutsch

Director

Details

Deal Summary

FINANCED

IMAGE: IMAGE: Steven Jemal (@SFJemal), Robert Schwartz & Sender Deutsch DATE: 06/26/2020 ADDRESS: 70 Central Avenue MARKET: Jersey City ASSET TYPE: Mixed-use LENDER: @S3Capital BROKER: Sender Deutsch – Metropolitan Mortgage […] LOAN AMOUNT: $9,000,000 LOAN TYPE: Construction financing for a new 31-unit mixed use building. SF 65,000 UNITS: 31 residential, 1 commercial & 32 parking sports

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Address70 Central Avenue

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