News Release: Just Closed – Bridge Financing (West Orange, N.J.)

CLOSED

Cadence Capital Partners Secures $12,955,000 Bridge Financing

Cadence Capital Partners is pleased to announce the closing of a $12,955,000, 5-year term, Acquisition, Capex, TI/LC Bridge Loan for a multi-tenant medical office building located 0.75 miles from Saint Barnabas Medical Center in West Orange, New Jersey. Cadence worked diligently to source the non-recourse loan through a large debt fund. Cadence was retained by a premier MOB operator partnered with an institutional investor.

John Heitmann
Vice President
jheitmann@cadencerec.com

Jarrett Gajkowski
Associate Vice President
jgajkowski@cadencerec.com

Cadence Capital Partners

cadencerec.com

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