cuBIZloan.com sells commercial real estate participation
PRINCETON, NJ (July 13, 2022) — cuBIZloan.com has completed the participation sale of a commercial real estate mixed-use investment property in Keansburg, New Jersey.
The guarantors are seasoned commercial real estate investors with more than 10 years’ experience in purchasing and managing real estate assets.
The lead lender is United Teletech Financial Federal Credit Union, and the participants are ABCO Federal Credit Union and Newark Board of Education Employees Credit Union.
“cuBIZloan is always trying to find quality commercial real estate and business loans for our network of credit union clients. We are happy to announce that we plan to release more commercial real estate participation opportunities this month.”, said Murray Halperin of cuBIZloan.
cuBIZloan is a partnership between Biz Lending & Insurance Center, Inc. and CrossState Solutions, Inc. Our mission is to help credit unions provide a full range of products specifically designed to satisfy a business owners’ financial and development needs. For more information visit cuBIZloan.com.