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Short-Term Bridge Loan, Spotlight in Parsippany, NJ

The Borrower needed funds to close quickly on the building, and was requesting dollars to lease up the property.  VCREF was able to close quickly and provide the sponsor with the funds to close on time, and proceeds for the tenant improvements to lease up the building.

  • Location: Parsippany, NJ
  • Property Type: Office Building
  • Loan Type: Acquisition
  • Loan Program: Short-Term Bridge Loan, Spotlight
  • Amount: $15,650,000

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