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/

Franklin Park, NJ

Updated: Sep 12, 2018


Cronheim Mortgage secured refinancing proceeds of $10,300,000 for a grocery anchored retail center with a mix of solid local and national retailers including Dollar General and PNC Bank.  The center is located in Franklin Park, Somerset County, New Jersey.  The Borrower was seeking maximum flexibility while it determined its long-term hold strategy.  We sourced a short-term loan with several extension options which allowed him the ability to contemplate the possibility of a sale or longer term hold. Cronheim has developed many long-standing and strong local and regional lender relationships that it has come to rely upon to help clients achieve their objectives.

 

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