Century Capital Closed a $2.5 Million Construction Loan in Totowa, New Jersey
The property is a four-story mixed-use commercial stand-alone office building with scenic mountain top view of the town below and of NY City. It is located near major highways: 46, 80, 19 and 23. The loan will be used to add two floors to the existing building for a catering/banquet hall business.
A broker’s fee of $50,000 was paid at closing.