Latest Transaction


Location

North Arlington, NJ

Property Type

Multifamily

Loan Type

Refinance

Loan Program

Short-Term Bridge Loan

Amount

$13,275,000

Need:

The sponsor needed to refinance the existing construction lender for the 49-unit newly constructed Class-A multifamily.

 

Solution:

VCREF provided an equity recapture to the sponsor while refinancing the existing lender.

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