Lending Portfolio
Transaction Details
Located in downtown Montclair, the 159-room boutique hotel was developed by a joint venture between The Pinnacle Companies and the Hampshire Companies. Jay Miller, AJ Felberbaum and Spencer Miller from BayBridge Real Estate Capital, sourced the financing for the project.
Deal Basics
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location
Montclair, NJ
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loan amount
$45.5 Million
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loan type
Bridge Loan
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property type
Hotel