{"id":14768,"date":"2025-06-04T16:39:52","date_gmt":"2025-06-04T21:39:52","guid":{"rendered":"https:\/\/1reason.com\/re\/greystone-provides-80-million-in-bridge-financing-for-multifamily-property-in-new-jersey\/14768\/"},"modified":"2025-06-05T11:39:52","modified_gmt":"2025-06-05T16:39:52","slug":"greystone-provides-80-million-in-bridge-financing-for-multifamily-property-in-new-jersey","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/greystone-provides-80-million-in-bridge-financing-for-multifamily-property-in-new-jersey\/14768\/","title":{"rendered":"Greystone Provides $80 Million in Bridge Financing for\u00a0Multifamily Property in New Jersey"},"content":{"rendered":"<div> The financing was originated by Drew Fletcher and Miryam Reinitz-Kops of Greystone on behalf of Capodagli Property Company.  <\/p>\n<p align=\"left\"><strong>Meridia Roselle Park 10<\/strong> contains 325 units and amenities including on-site parking, in-unit washer\/dryers, and features Keyless LATCH access. The Greystone bridge loan includes a 2-year term at a floating rate and has full-term interest-only.<\/p>\n<p align=\"left\">\u201cIt\u2019s rewarding to support Capodagli\u2019s continued growth\u2014not only as a company, but as a force for delivering much-needed, quality housing across New Jersey\u2019s emerging neighborhoods. Even as they scale, they remain grounded in their mission of <em>Building on Belonging<\/em>, which continues to set them apart,\u201d said Miryam Reinitz-Kops.<\/p>\n<p align=\"left\">\u201cWe are proud to have successfully closed another well-executed transaction, financing for our exceptional asset in Roselle Park. It has been a pleasure collaborating with the Township of Roselle Park and Greystone to bring our vision of high quality, affordably priced housing to the community,\u201d said John Longo, CIO, Capodagli Property Company.<\/p>\n<p align=\"left\"><strong>About Greystone<\/strong><br \/>Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and\/or other Greystone affiliates. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=264lhBge_1HQydAQrhZJyLiDXaqPUFywrbGQrLJjxgMoCIRbZKkkeZIlkmSXV8qC1jzX7J2hFsiCh7s-01hvOuZRM2QeagJZ9YD52Tqko1w=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.greystone.com\">www.greystone.com<\/a>.<\/p>\n<p align=\"left\"><strong>About Capodagli<\/strong><br \/>Founded in 1970, Capodagli Property Company is a privately held commercial real estate development and management firm owned by George Capodagli. The company has established itself as a leader in transforming barren parcels into vibrant, thriving communities. Their commitment to redevelopment has made a significant impact on the areas they serve.<\/p>\n<p align=\"left\"><strong>PRESS CONTACT:<\/strong><br \/>Karen Marotta<br \/>Greystone<br \/>212-896-9149<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0DPHD7FqrOo_hV6j7JHKA-8NBAopWyfW0QBYnHF0WxrolUHmmW3QNA3mbRNuqbRzxqan59V8-75HSFg1x2DAiDQcCd8Inhj9yxCOJlpAPExQvQfxhnlkOP6V83_hHlBG\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Karen.Marotta@greyco.com\">Karen.Marotta@greyco.com<\/a><\/p>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/YjAxY2UyMzAtNDhjMi00ZTUyLWI0MTAtOWFhYzk3YzllZjUzLTEwMzQ5NDgtMjAyNS0wNS0xNS1lbg==\/tiny\/Greystone.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p align=\"left\">NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) &#8212; Greystone, a leading national commercial real estate finance company, has provided an $80,000,000 Bridge loan to refinance a multifamily property in Roselle Park, New Jersey.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/14768"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=14768"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/14768\/revisions"}],"predecessor-version":[{"id":14776,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/14768\/revisions\/14776"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=14768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=14768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=14768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}