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 several medical office ...
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