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3.5MM – NJ – Multifamily

Newark, NJ

Transaction Summary

$3,478,000

Area Newark, NJ
Property Type 12 Unit Multifamily Building
Loan Type Specialty Finance

The Deal

How We Structured It

The sponsor requested an approx. 30 day closing due to loan maturity issues on the current bridge loan coupon. LFCP was able to execute this time sensitive request via our specialty finance partners on a loan at 6.81%, 30yr amortization w/ an initial 1yr interest only period.

Next Step

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Track Record

More Closed Transactions

$3,600,000 Industrial (Warehouse - Owner Occupied)

$2,750,000 Multifamily (16 Units)

$18,296,000 Multifamily

Connect With Us

Let's structure your deal.

Tell us about the property and the capital you need. We'll come back with real terms — and we never charge upfront fees.

Main Office2 Park Avenue, 20th Floor, New York, NY 10016
Phone (212) 537-9410
Email lending@lfairecap.com

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Established 2012, we offer NATIONWIDE commercial real estate lending solutions.

The Team

Andre Samuels
Gary Botchman
Alvin Joseph
John Myers
Eric J. Allen
Matthew Moss
Kevin Delmarr
Chad Broder
Matthew Hochstrasser
Vince Monaco
Karen Mayo
Miriam Rodriguez