PRESS RELEASE: Cronheim Mortgage Arranges Financing Totaling $13,865,000 For Three Medical Office Buildings

FAIR LAWN, NJ - Janet Proscia and David Turley of Cronheim Mortgage arranged mortgage financing totaling $13,865,000 for three New Jersey medical office properties. "Lenders like the supply/demand characteristics of the New Jersey medical office market," noted Turley. "Medical practices have a low failure rate and build their business around a specific location, which makes them sticky tenants. We capitalized on the asset class's appeal to complete

Register to view the full article

This article is part of our premium content subscription. You need to subscribe to gain access to premium content.

Why Register for NREIonline? It's simple and free, and here is what you get:

• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.