Titan Capital Completes $2,100,000 Bridge Loan On 145 Route 17, Upper Saddle River, NJ

Titan Capital, Inc. has made a 2-year, $2,100,000 loan to refinance the property located at 145 Route 17 in Upper Saddle River, New Jersey. The collateral consists of a one-story plus basement and mezzanine car dealership building containing 30,000 square feet of gross area. In addition to a showroom with 24’ ceiling height, the building includes office space, a 10,000 square foot service area and a parts department. The property is situated along one of the region’s major retail thoroughfares. The immediate area is a destination for car shoppers with over 12 locations within 3 miles of the subject. The property is net leased to an auto dealer who owns and operates 11 other dealerships. Titan’s loan refinanced a maturing mortgage and allowed the borrower to retire other debts.

Titan Capital, Inc. with offices in Connecticut and New York is a nationally recognized full service direct lender. Titan will lend on all asset types and qualities with loans ranging in size from $100,000 to $20,000,000. Titan guarantees speed and surety of execution combined with unsurpassed professionalism. With an experienced team of real estate market professionals, Titan offers the strength of an institutional lender with the flexibility and speed of a private lender.

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