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M&T Lends $26M on NJ Apartments Buy

Goldcrest Properties has sealed $25.5 million of acquisition financing for the purchase of a New Jersey multifamily asset, Commercial Observer has learned. M&T Realty Capital, a subsidiary of M&T Bank, provided the interest-only bridge loan for Goldcrest’s $33.8 million purchase of the 125-unit Hope

Source: Commercial Observer

Goldcrest Properties has sealed $25.5 million of acquisition financing for the purchase of a New Jersey multifamily asset, Commercial Observer has learned. M&T Realty Capital, a subsidiary of M&T Bank, provided the interest-only bridge loan for Goldcrest’s $33.8 million purchase of the 125-unit Hope’s Crossing property in Toms River, N.J., according to the lender. “M&T Realty […]

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