City: Jersey City

Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $130 million loan against 90 Hudson St. in Jersey City, N.J., could soon take title to the 431,658-square-foot office building. Servicer notes compiled by Trepp Inc. indicate that ...

Truist Bank has provided a $71.96 million loan against the 201-unit Hazel apartment property at 89 Monitor St. in Jersey City, N.J. The property is owned by a venture of Beachwold Residential and Alpine Real Estate Group, both of New ...

Panepinto Properties has lined up a $78 million preferred equity investment from Affinius Capital for its development of the 678-unit Harborside 8 apartment property in Jersey City, N.J. The Jersey City developer also lined up $306 million of financing from ...

Panepinto Properties has paid $75 million for a 4.2-acre site at 3 Second St. and 242 Hudson St. in Jersey City, N.J. The local developer bought the property from Veris Residential, a Jersey City REIT, in a deal arranged by ...

Commercial Observer Kennedy Wilson has provided $135 million of debt financing for the development of the 444-unit Lucy apartment property in Jersey City, N.J. The property, at 619 Grove St., is being developed by a venture of SJP Properties, Claremont ...

Tyko Capital has provided a $220 million loan against the 576-unit apartment property at 626 Newark Ave. in the Journal Square section of Jersey City, N.J. The property is owned by Namdar Group of Great Neck, N.Y. Walker & Dunlop ...

Truist Financial Corp. has provided $340 million of mortgage financing against 50 and 70 Christopher Columbus Drive, a pair of apartment buildings with 938 units in Jersey City, N.J. The properties are owned by a venture of Ironstate Development Co. ...

Commercial Real Estate Direct Staff Report Spear Street Capital, which owns the 431,658-square-foot office property at 90 Hudson St. in Jersey City, N.J., said it will not subsidize debt-service payments for the building's $130 million CMBS loan. As a result, ...

Pacific Life Insurance Co. has provided $255 million of financing against the 598-unit Journal Square III apartment property at 595 Pavonia Ave. in Jersey City, N.J. The property is owned by a venture of Kushner Real Estate Group and National ...

Commercial Observer Blackstone Real Estate Debt Strategies has provided $515 million of financing for the construction of the 966-unit first phase of the 1,723-unit Journal apartment property at 1 Journal Square in Jersey City, N.J., which is being developed by ...