Passaic Mixed Use

The asset involved in this transaction is a mixed use property located in Passaic NJ. The financing for this property was arranged by IceCap’s BlueFin Group’s  Shai Galapo and Ezra Dweck.

Summary of transaction details:

• Property Type: Mixed Use
• Transaction Amount: $487,000
• Square Footage: 3,275
• Market: Passaic, NJ
• Lender: Shai Galapo and Ezra Dweck, IceCap’s BlueFin Group

This transaction includes 10 years IO followed by 20 years amortization, 5/4/3/2/1 PPP, under 30 days closing.