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Short-Term Bridge Loan in Cliffside Park, NJ-Rutherford, NJ-Montauk, NY

Need

Sponsor was looking for a Bridge Refinance of a matured loan on a portfolio of properties including two funeral homes and a secondary residence.

Solution

Verus Commercial Real Estate Finance was able to issue a 12-month bridge loan across the portfolio of properties.

  • Location: Cliffside Park, NJ-Rutherford, NJ-Montauk, NY
  • Property Type:
  • Loan Type: First Mortgage
  • Loan Program: Short-Term Bridge Loan
  • Amount: $3,100,000

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