Private Money Financing is excited to announce the successful financing of a $1.7 million loan secured by 8.2 acres of land in Fort Lee, New Jersey. This project includes the development of 428 multifamily units and 21,500 ft.² of ground-floor commercial space. The funds from the loan will be used to refinance the existing loan and provide working capital for the project.
This development is not only a significant investment but also a promising opportunity to contribute to the growth and vitality of the Fort Lee community. With the addition of 428 multifamily units and commercial space, this project is expected to bring new life and economic opportunities to the area.
Private Money Financing is proud to be a part of this exciting venture and looks forward to seeing the positive impact it will have on the Fort Lee community. Stay tuned for more updates on this project and other successful financing ventures from Private Money Financing.
