50 Sussex Ave

Financing Mar 13, 2023

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Metrics

N/A

structure

$49.9M

amount

N/A

term years

N/A

interest rate

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fixed vs floating

Construction

financing types

structure:
- Bridge Loan
- CMBS
- EB-5
- Equity
- Mezzanine Debt
- Preferred Equity
- Senior Loan
amount:
term years:

interest rate:
fixed vs floating:
- Fixed
- Floating
financing types:
- Bridge Loan
- CMBS
- Construction
- EB-5
- Refi
Refreshing... Done!

Properties

50 Sussex Ave

50 Sussex Ave, Newark, NJ, 07103

Organizations

Be Aviv

Valley National Bank

FM Capital

Borrower's Representative

Tona Construction and Management

Bank Leumi Le-Israel

People

Borrower's Representative

Josh Pollack

Borrower's Representative

Avi Eyal

Borrower's Representative

David Wenger

Stories

Valley, Bank Leumi, Be-Aviv Lend $50M on Newark Multifamily Build

Source: Commercial Observer

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Contributors to this transaction

Commercial Observer