The property is a 14,400 square foot office building on .9 acres located on Route 17 in Upper Saddle River, NJ. It is operated as an executive suite office building, with 52 suites. The Borrower is a seasoned operator and investor in the acquisition and management of multi-family and office properties in the US and emerging markets. The Loan proceeds were used to purchase the property, which will continue to operate in its current model.