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Real Estate NJ McGowan Builders is planning a 224-unit apartment property in Hackensack, N.J. The project is being proposed for the site at 89, 93, 95 and 107-109 Anderson St. It currently houses vacant buildings that will be demolished. The ...
Real Estate NJ Heritage Capital Management LLC is offering for sale the 126-unit apartment property at 210-214 Main St. in Hackensack, N.J. The Ridgewood, N.J., developer has hired Walker & Dunlop to market the property, which opened last year. It ...
Commercial Observer A venture of Khosla Capital and DKJ Equity has lined up $93 million of acquisition financing for its purchase of the Prospect Place Apartments in Hackensack, N.J. Community Bank provided an $86 million senior mortgage, while Harbor Group ...
Kushner Cos. has sold the Prospect Place Apartments, with 360 units in Hackensack, N.J., for $114.45 million, or $317,917/unit. The New York developer sold the property, built in stages between 1995 and 2005, to a venture of Khosla Capital, which ...
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 ...
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 ...
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.
96 percent occupied
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