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City: Hackensack
John Hancock Lends $60Mln Against Hackensack, N.J., Apartments
John Hancock Life Insurance Co. has provided $60 million of financing against the 267-unit Excelsior II apartment property in Hackensack, N.J. JLL arranged the loan, which allowed the property’s owner, Tidewater Real Estate Co. of Hackensack, to defease $46.9 million ...
401-433 Hackensack Ave.
Continental Plaza The property previously had backed an $88 million CMBS loan that was securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2004-CIBC10, but in 2012 was taken through foreclosure. The loan had defaulted in 2009 as occupancy plunged to ...
Continental Plaza/401, 411 and 433 Hackensack Ave.
72 percent leased. The property was offered for sale last April through the Ten-X online auction platform. The property had backed $88 million of debt that was securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2004-CIBC10.
Carlyle luxury multfiamily property/380 Prospect Ave.
96 percent occupied
Riverfront Plaza/500 S. River St.
fully leased.
Continental Plaza
Continental Plaza is about 92 percent leased to 100 tenants, including UBS PaineWebber, Fujitsu Computer Systems and the Schubert Organization/Telecharge.
Riverside Square Mall
anchored by Bloomingdales and Saks Fifth Avenue
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