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  • Writer's pictureMAREJ

Deerwood Capital closes $19 million in loans in Freehold

Freehold, NJ — Deerwood Real Estate Capital, a commercial real estate advisory firm based in Englewood Cliffs, NJ, closed a $12.4 million acquisition loan with a national non-recourse bridge lender and a $6.6 million refinance with a local bank. The deals, negotiated by Deerwood’s Yaakov Leiser, include a 200,000+ s/f multi-tenant office park and a 60,000 s/f multi-tenant office building, both located in Freehold, NJ. The proceeds of the refinance were used for the acquisition.The borrower is a new client for Deerwood and was very satisfied with the deals facilitated by Deerwood.

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