Progress Capital’s Domenico and Cali secure a $10M loan

GOSHEN NY — Brad Domenico and Gabby Cali of Progress Capital secured a $10 million loan for Wainco Realty to refinance the existing mortgage on a multifamily apartment community located 100-300 Canter Court & 295-297 West Main St., Goshen, NY.

Domenico and Cali worked with TD Bank who provided the following terms: • $10,000,000 Loan • 2.25% Fixed for 10 Years • 30 Year Amortization

The luxury resort-style apartment community, known as Village Place at Goshen, is a three-building apartment community which offers (48) high-end apartments with a unit mix of all oversized 2 bedroom/2-bathroom units comprised of 1,300-1,400 SF each. The subject also includes (1) single family rental house on the adjacent lot included in the collateral, which brings the unit count up to (49) total rentals at the property. Each apartment features spacious floor plans, ergonomically refined gourmet kitchens and baths with granite counters, cut-tile floors found in “resort-size” master bath showers, light-filled living spaces featuring high 9-foot ceilings, individually controlled heating and AC, full size in-unit washers & dryers, and high-end, meticulously detailed finishes throughout the units from floor to ceiling, The (3) apartment buildings in Village Place at Goshen each include secure indoor parking garages, plus personal storage units for tenants located below grade. There are also elevators that provide direct service from the garage level up to all units on each of the floors above.

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