Back Cover A — June 22 - July 12, 2018 — M id A tlantic

Real Estate Journal



$46 , 000 , 000 B A L A N C E S H E E T 1 YEAR INTEREST-ONLY -YE AR LOAN F I XED RATE OF 3 . 75% 5

‘‘ Castle Lanterra Properties purchased the property in 2016 and completed major renovations, upgrading the common areas with modern fitness and lounge centers. Many of the units have been upgraded as well. The loan was initiated when rates were starting their rapid rise and we were able to lock in a 3.75% interest rate with one year interest-only. ” Barry Lefkowitz Senior Vice President

The Lena 100 River Park Drive Raritan, NJ Multifamily Property 224 Units

Israel Schubert | Senior Managing Director, Head of NJ and FL Offices 732.301.3204 | ischubert@meridiancapital.com Barry Lefkowitz | Senior Vice President 732.301.3254 | blefkowitz@meridiancapital.com


$46MM – WKCD – River Park at Raritan – 6-22-18.indd 1

6/8/18 12:43 PM

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