Brief
Apartments in Newark’s University Heights Secure Construction Loan
Commercial mortgage brokerage Drew Capital has secured $16.25 million in construction financing toward the development of Central Pointe, a 77-unit multifamily property in the University Heights neigh
Summary
Commercial mortgage brokerage Drew Capital has secured $16.
25 million in construction financing toward the development of Central Pointe, a 77-unit multifamily property in the University Heights neighborhood of Newark, NJ.
The loan was arranged by Akiva Drew, founder of Drew Capital. The borrowers were Jeff Blau and Eitan Chakov of Giga Holdings of Newark. Drew Capital arranged the loan through Trevian Capital, a New... The post Apartments in Newark’s University Heights Secure Construction
Source
- Connect CREconnectcre.com
