Palfi Transactions - Palisades Financial

	Commercial Real Estate Lending Partners

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$9,900,000 Bridge Loan for the acquisition of an undeveloped 18-acre site and development of a 129-unit independent active adult living community.

Westchester, New York

$9,900,000

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A $22,000,000 acquisition and improvement financing for two prime residential development properties in Jersey City, New Jersey.

Jersey City, NJ

$22,000,000

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Palisades Financial acquired a 70% occupied 50,000 SF Class “A” office building with direct access to the George Washington Bridge for $6,800,000 . It…

North New Jersey

$2,433,000

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$5,000,000 Bridge/Construction Loan to complete a partially built six-story elevator mixed-use building consisting of a 2-story owner occupied restaurant…

New York, NY

$5,000,000

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Fully renovated motel to hotel condominium, consisting of 133 unsold units out of a total of 200 units, plus one 19,000 SF commercial unit in South Bend…

South Bend, IN

$7,850,000

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A $30,000,000 First Mortgage loan on an existing condominium project and adjacent development site in Jersey City, NJ.

Jersey City, NJ

$30,000,000

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Recent Transactions

South Bend, IN

Fully renovated motel to hotel condominium, consisting of 133 unsold units out of a total of 200 units, plus one 19,000 SF commercial unit in South Bend, IN. The hotel condos were targeted to Notre Dame Alumni, and the unsold residential and commerical units had an estimated completed value of $14,000,000 at closing.

$7,850,000

PO Box 995 · Tenafly, NJ 07670 · 201-894-8833 · Fax 201-894-8833 · inquiries: info@palfi.net