News:
Outside The Region
Posted: July 25, 2023
Hach of Refined arranges $6.25 million in bridge financing
.png)
Monroe Township, NJ Refined announced a recent transaction facilitated by Joe Hach, partner at Refined. Hach arranged $6.25 million in bridge financing for a 102-lot land subdivision.
Here are key details of the transaction:
- 80%+ LTC on day-one
- $1.25 million in additional funds for future development phases
- Negotiated an inter-creditor with a subordinate lender, behind the senior debt
Tags:
Outside The Region
MORE FROM Outside The Region
Kasowitz gets dismissal of lawsuit against developer of American Dream Mall
East Rutherford, NJ Kasowitz, on behalf of the developer of the American Dream mall and its affiliates (the American Dream defendants), has secured the dismissal of state litigation brought by the project’s successor junior
.gif)
.jpg)
.gif)