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M&T Bank 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 Bank provided the interest-only loan for

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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 Bank provided the interest-only loan for Goldcrest’s purchase of the 125-unit Hope’s Crossing property in Toms River, N.J. The purchase price was not disclosed. Meridian Capital Group’s David Cohen negotiated the debt […]

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