Commercial Observer BHI, the U.S. division of Israel's Bank Hapoalim, has provided a $38.7 million loan to fund the construction of the 72-unit One Jones Park residential condominium property in Jersey City, N.J. EPIRE of New York is developing the ...
Kennedy Wilson has provided a $175 million construction loan for the development of the 595-unit Artwalk Towers apartment property in Jersey City, N.J. The 49-story building, at 808 Pavonia Ave., is being developed by Kushner Real Estate Group of Jersey ...
Commercial Real Estate Direct Staff Report The venture of a Simon Property Group predecessor and the LeFrak family that owns the Newport Centre shopping mall in Jersey City, N.J., has lined up a $188 million mortgage from Deutsche Bank and ...
The 198-room Doubletree Jersey City hotel in Jersey City, N.J., has been acquired by Capital Insight for $61.5 million, or $310,606/room, in a deal that involved its assumption of a long-troubled $60 million CMBS loan. The hotel had been overseen ...
Commercial Observer Société Générale has provided $37 million of financing against The Summit, a 99-unit apartment property at 136-144 Summit Ave. in Jersey City, N.J. The interest-only loan, arranged by Meridian Capital Group, pays a fixed coupon of 5.24 percent. ...
Commercial Real Estate Direct Staff Report The 198-room Doubletree Jersey City hotel in Jersey City, N.J., has been acquired by Capital Insight for $61.5 million, or $310,606/room, in a deal that involved its assumption of a long-troubled $60 million CMBS ...
Namdar Group, which is developing a 588-unit apartment property at 35 Cottage St. in the Journal Square area of Jersey City, N.J., has lined up $152 million of financing for it. A senior chunk of the financing was provided by ...
The two buildings are in Jersey City's Paulus Hook area, at the southern end of Jersey City's Hudson waterfront area, putting them near the Grove Street and Exchange Place PATH stations, which provide access to Manhattan. The area also is ...
Hines Interests has paid $221.5 million, or $542,892/unit, for a pair of neighboring apartment properties with 408 units in Jersey City, N.J. The Houston developer bought the properties, the Lenox and Quinn, at 207 and 197 Van Vorst St., respectively, ...
Commercial Observer Kushner Cos. has lined up $295 million of construction financing for the 823-unit second phase of One Journal Square, a 1,723-unit apartment property it's developing in Jersey City, N.J. Apollo Global Management provided a $210 million senior loan, ...
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