06/16/2026
๐๏ธ Loan Extension Closed! ๐๏ธ
We're pleased to announce the extension of a $2,100,000 first mortgage construction loan for a repeat sponsor developing a 12-unit multifamily building in New Jersey.
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First Mortgage
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Ground-Up Construction
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12 Residential Units
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15,280 SF
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3-Story Building with Elevator
At AI Capital Lending, we understand that development timelines don't always move according to plan. When experienced sponsors continue to execute and demonstrate progress, we're committed to being a reliable lending partner and helping projects reach the finish line.
We appreciate the continued trust of our borrowers and look forward to seeing this project completed and delivered to the community.
๐ 917-554-5608
๐ง [email protected]
๐ www.aicapitallending.com
Anthony Iervolino
Managing Partner | AI Capital Lending
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