**Greystone Provides $80M Bridge Loan for Roselle Park Multifamily Property**
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 arranged by Drew Fletcher and Miryam Reinitz-Kops of Greystone on behalf of the Capodagli Property Company.
The bridge loan carries a two-year term with a floating interest rate and features 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.”
Located at 10 Westfield Avenue, Meridia Roselle Park 10 features 325 residential units. Amenities include onsite parking, in-unit washer and dryers, and Keyless LATCH access. Capodagli has also developed a nearby property, Meridia on Westfield, located at 240 Westfield Avenue in Roselle Park.
