Stephen Szanto

Ready to dive into wholesale real estate in New Jersey? Our Ultimate Guide has everything you need to get started and succeed. Don't miss out! 🏡💼 #RealEstateInvesting #NewJersey #WholesaleRealEstate

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FUNDED DEAL: Rok Lending, a direct lender, funded a $8,200,000 senior lien position bridge loan for the acquisition of a rental portfolio consisting of 20 townhouse condominium units in Passaic, Bergen County, NJ. We funded 71% of the $11,230,000 purchase price, while the Borrower contributed 29% cash to the purchase at closing. Additionally, we provided $200,000 for a renovation budget which is estimated to add an extra $500,000 or so to the total portfolio value. The total size of all the units is approximately 17,000 square feet. All units were vacant at closing. The Borrower had excellent credit. They plan to lease the townhomes and refinance into a long-term rental loan as an exit strategy. The interest rate was 11.25% and we charged 1.5% origination points. The loan term was set at 12 months. This bridge loan was funded in January 2024. Visit this page on Private Lender Link to learn more about the deal and the lender: https://pllk.io/210478 Dealmaker: Avi Zukerman, Director of Originations #privatelending #privatemoney #privatelenders #privatemortgage #hardmoney #hardmoneylenders #hardmoneylending #bridgelending #bridgelenders

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Check out Gravesend Brooklyn Real Estate Numbers

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Six Queens neighborhoods rank among those with most excessive property fees in NYC: report Contact me to discuss the latest scoop in real estate! #yaelshaneerealtor #yaelshaneeprimerealty #buyeragent #queensrealestate #sellerspecialist #newyorkrealestateagent #longislandrealestate #nyrealestate #realestateny #newyorkrealestate

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6/19/2024 Wilbraham, MA. Colony Hills Capital announced the June 13, 2024, purchase of its second New Jersey multifamily property, Mount Laurel Crossing Apartments, a 296-unit Class Agarden-style apartment community in the affluent community of Mount Laurel. With this new acquisition, Colony Hills Capital has over $1.3 Billion in transactions, $700 million in assets under management, and over 12,500 apartment units transacted. “This acquisition aligns with our investment strategy, presents an attractive value-add opportunity in a high-growth market, further diversifies our portfolio, provides our investors with an attractive risk-adjusted return profile, and enhances the living experience for our residents.” Glenn Hanson, Founder and CEO Property improvements will include minor to substantial renovations of all units, remodeling common areas, adding amenities, and expanding the fitness center. They will also include installing EV charging stations, enhanced landscaping, and new signage. Current resident amenities include a resort-style swimming pool, outdoor lounge, dog park, clubhouse, and detached garages. The Mount Laurel area is known for its highly sought-after school districts and upscale singlefamily homes and has demonstrated consistent rental performance. Colony Hills' value-add strategy will continue to attract residents seeking high-quality living spaces and a comprehensive suite of amenities, driving rent growth and increasing the property's value over the hold period. Strategically located just 15 miles east of Philadelphia and part of the broader Delaware Valley region, Mount Laurel residents have access to a diverse range of large employers. Notable area employers include The University of Pennsylvania and Penn Medicine, Virtua Health, Campbell Soup Company, Comcast, Lockheed Martin, Cooper University Health Care, Rowan University, and Subaru of America. Colony Hills Capital is a real estate investment firm that specializes in value-add apartment community housing in undervalued Class A- through B assets. Creating a “win-win” management strategy with property-specific capital improvement programs improves the residents' quality of life while maximizing returns to investors. 

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Check out our 3rd Weekly Report 🏛 🏦 🏢 📰 . . . . #weeklyreport #news #realestate #commercialrealestate #roi #roe #report #nycrealestate #newyorkrealestate

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Now is the time to get expert advice for your industrial real estate transactions. 💼🔍 Ensure you have a commercial real estate attorney and accountant with experience in industrial properties. Stay up to date with the latest commercial real estate news @greinermaltzofli Greiner Maltz of Long Island 🏢 📞 516-364-1000 💻https://lnkd.in/djqT4FYm #GreinerMaltzLI #RealEstateInvesting #ExpertAdvice

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5/17/24: Weekly Highlight: Top Deals in NYC Commercial Real Estate 🔥🔥🔥The NYC commercial real estate scene is on fire! 🔥🔥🔥 A huge shoutout to Milstein Properties for not just one, but THREE of the top five leases in the city, including Bain & Company’s colossal 235,200-square-foot relocation to 22 Vanderbilt. 🏢✨ ...But wait, there’s more! RXR is also making headlines with a direct deal for Palantir Technologies’ 140,345 square feet at 620 Avenue of the Americas, transitioning from a WeWork lease to a direct one. 🌟 This week’s deals are a testament to the vibrancy and resilience of NYC’s commercial real estate sector: 🏢Milstein Properties: Dominating with major leases, including the massive Bain & Company relocation. 🏢RXR: Shaking things up with Palantir Technologies’ big move. ATTENTION Real Estate Attorneys: Whether you specialize in transactional, administrative, or litigation work, if you're looking for Associate and Partner-level positions in NYC, let’s connect and make things happen! 🚀 #CommercialRealEstate #NYCRealEstate

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Navigating the mortgage process on Long Island? 🔎👀 Your search ends with the Koerner Mortgage Team. This experienced and knowledgeable group takes the stress out of securing a home loan. Whether you're a first-time buyer or seasoned investor, you can trust their guidance every step of the way. 🏡

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