The Real Deal Robert Tagliareni has paid $36.5 million, or about $213,450/unit, for the 171-unit apartment property at 41-109 Belgrove Drive in Kearny, N.J. JP Management LLC sold the complex, which it had bought in 2004 for $11 million. Gebroe-Hammer ...
fully leased. Terreno has assumed a $14.8 million mortgage on the property. The loan, held by Principal Life Insurance Co., matures in 2021 and pays a fixed coupon of 5.5 percent. The REIT had to pay a 1 percent assumption ...
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