CityBiz Real Estate in Philadelphia, PA reports that Cedar Grove MHC (manufactured home community) in Mantua, New Jersey, has secured a $4.55 million dollar loan arranged by Dockerty Romer & Company of Philadelphia.   The age restricted community contains 185 homes comprised of 57 percent multi-section and 43 percent single section homes.  The 25-year nonrecourse loan comes with a 25-year amortization.  The community is currently 99 percent occupied, an occupancy rate it has maintained for the last ten years.

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