The asset is a mid-rise complex consisting of one five-story elevator-served building that has ground-floor commercial space and a parking garage. It was built in the 1920s and has undergone extensive renovation within the last year.
PWF is a direct mortgage lender that specializes in multifamily properties, offering programs from Fannie Mae, Freddie Mac, HUD, Wall Street conduits and life insurance companies. The Mineola, NY-based firm has its New Jersey offices in Bernardsville and has a number of other offices around the country.
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