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Short-Term Bridge Loan, Spotlight in North Arlington, NJ

The sponsor needed to refinance the existing construction lender for the 49-unit newly constructed Class-A multifamily.  VCREF provided an equity recapture to the sponsor while refinancing the existing lender.

  • Location: North Arlington, NJ
  • Property Type: Multifamily
  • Loan Type: Refinance
  • Loan Program: Short-Term Bridge Loan, Spotlight
  • Amount: $13,275,000

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