The Jersey Journal A venture of Simi Capital and Criterion Group has paid $16.75 million, or $124/sf, for the warehouse at 21 Caven Point Ave. in Jersey City, N.J. It acquired the 135,000-square-foot property from a venture of the Avidan ...
Real Estate NJ Altree Development plans to construct a 500-unit apartment property in Jersey City, N.J.'s Journal Square neighborhood. The five-building complex will also have 50,000 square feet of retail and gallery space. It will be at the corner ...
Real Estate NJ A development group is planning to convert a vacant manufacturing complex at 400 Claremont Ave. in Jersey City, N.J., into a 598-unit apartment property. The developer, known as 400 Claremont Urban Renewal LLC, acquired the site for ...
New York Life Real Estate Investors has provided $131 million of mortgage financing against the Marbella Apartments, a 412-unit luxury rental property in Jersey City, N.J. The 40-story property, at 425 Washington Blvd., was developed by a venture of Prudential ...
96 percent occupied. The property is encumbered by a $23.8 million mortgage that was securitized through WFRBS Commercial Mortgage Trust, 2013-C18. The loan matures in December 2023 and pays a coupon of 5.07 percent. It amortizes on a 30-year schedule. ...
Deutsche Bank has provided a $75.8 million mortgage against 30 Montgomery St., a 315,385-square-foot office property in Jersey City, N.J., that recently was purchased by American Realty Advisors for $101 million, or $320.25/sf. The two-year loan, arranged by CBRE, includes ...
71.6 percent leased.
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