Waterside Villas, Monroe Township, NJ
NEW YORK CITY—Sela Realty has received a $16.5 million Freddie Mac Program Plus loan for the acquisition of a 100-unit senior living community in NJ. Greystone’s John Williams and Ephraim Kantor in the New York office originated the loan for the buyer, Sela Realty. Adam Zweibel of Gebroe-Hammer was the broker.
The $16.5 million Freddie Mac loan carries a 10-year term and 30-year amortization, with a low, fixed-interest rate and interest-only payments for the first five years.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
