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  • $18 million bridge loan closed in 9 days in Parsippany, NJ

$18,000,000

Bridge Loan

Parsippany, NJ

W Financial has provided an $18,000,000 bridge loan to facilitate the acquisition of a 150,000 +/- square foot office building in Parsippany, New Jersey.

The property is located in a well-established office park and the borrower expects to refinance our 8% bridge loan with long-term bank financing in the near future. Given the quick turnaround time, the borrower needed a short-term bridge loan. W Financial closed the loan in 9 business days.

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Special situation financing for commercial real estate.


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