**Greystone Issues $80M Bridge Loan for Roselle Park Apartment Refinance**
Greystone has provided an $80 million bridge loan to refinance Meridia Roselle Park 10, a multifamily property located in the Union County community of Roselle Park, New Jersey. The financing was originated by Drew Fletcher and Miryam Reinitz-Kops of Greystone on behalf of Capodagli Property Company.
The bridge loan includes a two-year term with a floating interest rate and full-term interest-only payments.
“It’s rewarding to support Capodagli’s continued growth—not only as a company, but as a force for delivering much-needed, quality housing across New Jersey’s emerging neighborhoods,” said Reinitz-Kops. “Even as they scale, they remain grounded in their mission of ‘Building on Belonging,’ which continues to set them apart.”
Meridia Roselle Park 10 is located at 10 Westfield Avenue and consists of 325 residential units. The property offers amenities such as onsite parking, in-unit washer/dryers, and Keyless LATCH access. Capodagli Property Company also developed Meridia on Westfield, a nearby property situated at 240 Westfield Avenue within the same community.
