389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
City: Hoboken
Madison Realty Lends $97Mln for Construction of Hoboken, N.J., Condos
Commercial Observer Madison Realty Capital has provided $97 million of financing for the construction of a 110-unit condominium project at 38 Jackson St. in Hoboken, N.J. The project is being developed by The Taurasi Group of Hoboken. It also will ...
AvalonBay Sues Hoboken, N.J., Over Rent Control Rules at Property
Hudson County View AvalonBay Communities Inc. has filed a lawsuit against the city of Hoboken, N.J., and its Rent Leveling and Stabilization Board, charging that they ignored a long-held exemption from the city's rent-control rules it had for its 217-unit ...
Northwestern Mutual Lends $150Mln for Construction of N.J. Apartments
Northwestern Mutual Life Insurance Co. has provided $150 million of construction-permanent financing for the development of RB3, a 426-unit apartment project in West New York, N.J. The loan isn't like a traditional construction-permanent loan as it has only a five-year ...
Intercontinental Real Estate Lines Up $150Mln Loan Against Hoboken, N.J., Apartments
REBusiness Online Intercontinental Real Estate Corp. has lined up a $150 million loan against the 7 Seventy House apartment property in Hoboken, N.J. Wells Fargo Bank provided the five-year loan, which comes with a fixed rate. The mortgage was used ...
Venture Buys 99-Unit Apartment Complex in Hoboken, N.J., for $56.7Mln
The Real Deal A venture of Skylight Real Estate Partners and PCCP LLC has bought the 99-unit Grand Adams apartment property in Hoboken, N.J., for $56.7 million, or $572,727/unit. JLL Capital Markets arranged PCCP's equity investment in the deal. Grand ...
Minnesota Life Lends $25Mln for Hoboken, N.J., Grocery-Anchored Retail Center
Minnesota Life Insurance Co. has provided a $25 million mortgage against the 95,688-square-foot grocery-anchored retail center at 900 Madison St. in Hoboken, N.J. The 10-year loan was originated by Securian Asset Management of St. Paul, Minn., on Minnesota Life's behalf ...
3650 REIT Makes $30Mln Pref Equity Investment in Hoboken, N.J., Office
Commercial Real Estate Direct Staff Report The venture of David Werner Real Estate Investments, SJP Properties and Onyx Partners that paid $210 million, or $371/sf, for 111 River St., a 566,215-square-foot office property in Hoboken, N.J., received a $30 million ...
Minnesota Life Lends $35.9Mln Against Hoboken, N.J., Apartments
Minnesota Life Insurance Co. has provided $35.9 million of financing against Hudson Square North, a 150-unit apartment property three blocks from a major commuter-rail hub in Hoboken, N.J. The 10-year loan was arranged by JLL Capital Markets and allowed the ...
JLL Arranges $21.65Mln Freddie Loan for Hoboken, N.J., Apartments
JLL Capital Markets has arranged a $21.65 million Freddie Mac loan against the 50-unit Lexington apartment property in Hoboken, N.J. The 10-year loan pays a fixed coupon of 2.78 percent and requires only interest payments for its entire term. It ...
111 River St.
The building is 80 percent leased to tenants that include PNC Bank and publisher John Wiley & Sons Inc. The building is encumbered by a $150 million mortgage that the Athene Life Insurance affiliate of Apollo Global Management Inc. had provided ...
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