$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.