REBusinessOnline

Cronheim Mortgage Secures $10M Financing Loan for Retail Center in Newark, New Jersey

seabra-newark-nj

Seabra Supermarket anchors the Ferry Plaza retail center.

NEWARK, N.J. — Cronheim Mortgage has arranged a $10 million financing loan for Ferry Plaza, a retail center in Newark. One America provided the loan, which carried a10-year term and a 22-year amortization schedule. Seabra Supermarket anchors the 63,433-square-foot retail center, which also houses a post office, bank and several other retailers and restaurants. Cronheim arranged the loan on behalf of the borrower, an entity affiliated with Urstadt Biddle Properties Inc.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Content Partners
Lee & Associates


Conferences