Inside Cover B — October 30 - November 12, 2015 — Owners, Developers & Managers — M id A tlantic
Real Estate Journal
www.marejournal.com
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THE FUNDING SOURCE
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CAPITAL (FINANCING)
PROGRESS
ADVISORS
(EXPERTS)
(FORWARD)
Fixed Rate Loans | Construction Financing | Specialty Financing | Direct Financing 25 Years of Solutions | $40 Billion in Financing | $100 Million in Direct Loans
$30 Million Construction Loan
128 Luxury Apartments
Limited Recourse – 80% LTC
Brad Domenico, Managing Director, led the Progress Capital team in arranging a $30 million construction loan. Terms included 24 months interest only with a 6 month extension at LIBOR + 350; 25% Limited Recourse and 80% LTC. "More and more, Progress Capital Advisors is becoming the financial arm of our clients", Domenico said. "We treat each of their deals as if it is our investment, providing a thorough financial analysis to ensure profitability and portfolio growth."
Recent Representative Transactions
$4,300,000 Livingston, NJ Construction Loan on Spec Flex Building Warehouse, Office
$10,000,000 PA and NJ 4% Fixed Rate Loan for 15 Years Retail
$3,600,000 Jersey City, NJ Land Loan without Approvals Multi-Family
For more information, please contact our office to speak with a Loan Specialist. Kathy Anderson Brad Domenico Bill Howard David Cappello (732) 720-6301 (732) 720-6304 (732) 720-6306 (732) 720-6308 Kathy@Progressnj.com Brad@Progressnj.com Bill@Progressnj.com David@Progressnj.com
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