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22-Property NJ Workforce Portfolio Refinanced for $38M

Benmark Capital recently closed on a $38-million loan to refinance a 22-building workforce housing portfolio in Paterson, NJ. The financing was secured by Ania Management, led by Founder and CEO Charl

Summary

Benmark Capital recently closed on a $38-million loan to refinance a 22-building workforce housing portfolio in Paterson, NJ.

The financing was secured by Ania Management, led by Founder and CEO Charles Florio.

The transaction was arranged by Marc Waldman of Kentmoore Capital. Comprising 203 residential units and six commercial units across 22 multifamily and mixed-use buildings, the...

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