05/03/2022
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LOAN
IMAGE: Valentino Kontos & Maik Kontos
DATE: 04/21/2022
ADDRESS: 374 Green St
MARKET: Woodbridge
ASSET TYPE: Office ~ SF: 16,144
LENDER: Manasquan Bank
LANDLORD: Valentino Kontos (@ _Valentino_) & Maik Kontos () - The Kontos Group () - Kontos Construction () - The Kontos Group, LLC
LOAN AMOUNT: $2,300,000
LOAN TYPE: Construction
LOAN TERMS: I/O - 18 months construction loan with permanent conversion for 25 years and rate locked every 5 years
NOTE FROM LANDLORD: Valentino and Maik Kontos, principles at The Kontos Group, secured a $2.3 million dollar construction loan from Manasquan Bank to construct a 16,144 square foot Office Building. Their sister company, Kontos Construction will begin construction in the following weeks with completion schedule for October 1, 2023. Contact us for leasing information.