First Commerce Bank

AT A GLANCE

105 River Avenue

Lakewood, NJ 08701

www.firstcommercebk.com

Year founded: 2006

Areas of expertise in commercial real estate: Specialists in Real Estate and Construction Lending. Featuring a diversified and highly experienced staff of Commercial Lending Professionals.

First Commerce Bank Headquarters, Lakewood, New Jersey

OUR CLIENTS

Our clientele consists primarily of local real estate investors and developers, for whom we finance owner-occupied and non-owner-occupied buildings, as well as their construction projects.

OUR ADVANTAGE

First Commerce Bank’s major advantages include a unique knowledge of real estate lending, enhanced by direct access to bank decision makers. Our lending operations are backed by a network of 10 locations throughout central and northern New Jersey, and supported by a team of trusted, relationship-oriented, customer-loyal commercial lending specialists with a passion for legendary service.

Our customers also benefit from a full array of commercial banking services anchored by an extensive online banking cash management system, a mobile banking app with 24/7 access, free business checking and a vast network of convenient ATMs. Bank customers enjoy competitive rates for funds on deposit.

ON THE HORIZON

We envision continued robust growth in real estate and construction financing to foster development in New Jersey, particularly within our expanding branch network and surrounding communities.

SUCCESSFUL ONGOING PROJECT SPOTLIGHT

First Commerce Bank is proud to have financed the construction of two striking “identical-twin” office buildings located at 1999 Cedar Bridge Ave. in Lakewood, NJ. The project fulfills the owner’s dream of creating state-of-the-art Class A office buildings at the Jersey Shore, with convenient access to major roadways.

A Challenge: Phase I of the complex was shovel-ready when the COVID-19 crisis struck. Consequently, the developer had to decelerate his original plans just as many others did during the pandemic in order to reach completion. However, thanks to a longstanding relationship with the Bank, the team worked hand-in-hand to see the project though to fruition. Phase I of the project is fully stabilized and the Bank is currently funding Phase II.

Spectacular 4-Story Class A
Occupied Office Building
1999 Cedar Bridge Avenue
Lakewood, New Jersey

Adjacent 2-Story Mirror Image
Cedar Bridge Avenue Office Building
Currently Under Construction
Lakewood, New Jersey

Joshua Burd

Joshua Burd, an award-winning reporter and editor, has been covering New Jersey commercial real estate for eight years. Many industry leaders view him as the go-to real estate reporter in the state, a role he is eager to continue as the editor of Real Estate NJ. He is a lifelong New Jersey resident who has spent a decade covering the great Garden State.