Passaic Street Apartments
$1,175,000 Multifamily Loan from Life Insurance Company
City: Passaic, NJ
Loan amount: $1,175,000
Lender type: Life Insurance Company
Property type: Multifamily
Size: Six Units
Transaction description
PSRS’s Matthew Farzinpour secured $1.175 million in refinancing for a six-unit, three-story multifamily asset in Passaic, New Jersey, which the borrower recently renovated. Leveraging a relationship with a correspondent life insurance company, PSRS delivered a 67% LTV loan with a seven-year term and 30-year amortization.
TRANSACTION ADVISORS
No items found
RELATED TRANSACTIONS
Multifamily
$5,000,000
Multifamily
$2,600,000
Multifamily
$2,250,000
Retail/Multifamily
$25,000,000
Multifamily
$18,500,000
Multifamily
