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Dwight Capital Provides $24M Refi on New Jersey Multifamily Building
New Jersey developer Fadi Samaan has landed $23.5 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to refinance a multifamily complex in Passaic, NJ., Commercial Observer
•schedule1 min read•Source: Commercial Observer
New Jersey developer Fadi Samaan has landed $23.5 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to refinance a multifamily complex in Passaic, NJ., Commercial Observer has learned. Dwight Capital supplied the HUD 223(f) loan on the 104-unit Station at Passaic Phase II development, completed in 2024. The deal, which was originated […]