Page 19 - Progress Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Progress Capital partner, Brad Domenico has secured a $17,250,000 loan for Ohio-based Spring Property Management’s acquisition of a mixed-use building at 125-129 Magnolia Avenue, Jersey City.  The sale of the property was brokered by Niko Nicolaou, executive vice president at Gebroe Hammer Associates. The site contains a five-story 1920’s era building known as 125 Magnolia at Journal Square. The contains 99 units comprised of five ground-floor retail units and 94 apartments. Each of the units have recently undergone high end kitchen and bathroom renovations, as well as the installation ...

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