top of page

NATIONAL FOOTPRINT

Backed by a century’s worth of knowledge and expertise, Cronheim Mortgage provides a vast array of real estate services, including debt and equity for investment grade real estate. By leveraging the strong correspondent and/or servicing relationships we have cultivated with our institutional investors, including many insurance companies, we have continuously had access to substantial debt and equity capital to invest in quality real estate at pricing well below alternative sources, especially for long-term debt. We stand out from our competitors with our strong debt servicing portfolio, currently in excess of $2,000,000,000.  Moreover, through our Channel Real Estate Funds affiliate, we have efficiently and cost-effectively provided mezzanine and equity capital for numerous real estate assets. We have placed debt/equity and serviced in 30 states, and continue to capitalize on new opportunities.

REPRESENTATIVE TRANSACTIONS

To view more of our hospitality representative transactions, please visit our hospitality branch, CRONHEIM HOTEL CAPITAL, at http://www.chccapital.com/

Station Commons - Elizabeth, NJ

Updated: Sep 12, 2018


Cronheim Mortgage closed permanent bank financing of $24.75MM upon the completion and stabilization of the 100 unit luxury apartment building located in Elizabeth, New Jersey. The six-story building is immediately contiguous to the Elizabeth, New Jersey Transit Rail Station, and offers grade-level retail and indoor parking. The Property leased up very quickly – appealing to locals as well as people working at nearby employers such as Newark Liberty International Airport, Kean University and Merck to name a few. Many Banks were vying to finance this project, which created a great competitive environment for our client. The winning lender delivered terms that was an aggregation of some of the best terms available in the market.

Comments


Transactions Page

© 2023 by Cronheim Mortgage. Proudly created by FedUp Digital.

  • Cronheim Mortgage LinkedIn
bottom of page