City: Lawrenceville
Synovus Lends $46Mln for Construction of Atlanta-Area Apartments
REBusiness Online Synovus Bank has provided $46 million of financing for the construction of The Averly Collins Hill, a 300-unit apartment project in the Atlanta suburb of Lawrenceville, Ga. A venture of ECI Group and The Griffin Fund recently broke ...
2572 Brunswick Pike
Velocity Venture Partners has paid $12.1 million, or $61.73/sf, for the 196,000-square-foot industrial building at 2572 Brunswick Pike in Lawrence Township, N.J. The Philadelphia investor bought the property from pharmaceutical company Aurobindo. The property's sole tenant is Fortis Education, which ...
525 Residential Units Planned for Suburban Atlanta
Atlanta Business Chronicle A venture of ECI Group and Garfunkel Development is planning to build a residential project in Lawrenceville, Ga., about 32 miles northeast of Atlanta. The project is being planned for a 35-acre site at the corner of ...
$128.9Mln CMBS Loan Against New Jersey Office Complex Gets Modified
The $128.9 million CMBS loan and a $17 million mezzanine loan against the Princeton Pike Corporate Center, with 809,458 square feet of office space in Lawrenceville, N.J., have been modified, with their amortization requirement lifted. The senior loan is scattered ...
Berkshire Group Offers Lawrenceville, N.J., Apartments for Sale
Real Estate NJ Berkshire Group is offering for sale the 240-unit Berkshire Stewards Crossing apartment property in Lawrenceville, N.J. The Boston company has hired JLL to market the complex, which could sell for about $68 million, or $283,333/unit. Berkshire had bought ...
New York Life Lends $75Mln Against Suburban Atlanta Apartments
New York Life Real Estate Investors has provided $75 million of mortgage financing against the 43-unit SouthLawn Lawrenceville apartment property in the Atlanta suburb of Lawrenceville, Ga. The 10-year mortgage, which pays a coupon of 3.55 percent, was arranged by ...
CMBS Loan Against N.J. Shopping Mall Seen Moving to Special Servicing
Commercial Real Estate Direct Staff Report The $180 million mortgage against the Quaker Bridge Mall, a 1.1 million-square-foot enclosed mall near Princeton, N.J., has defaulted and the holder of a subordinate slice has indicated it won't cure the default. That'll ...
Berkadia Writes $68Mln of Freddie Debt for Purchase of 2 Suburban Atlanta Apartments
Commercial Real Estate Direct Staff Report Berkadia has originated $68 million of Freddie Mac financing to help fund Lion Real Estate Group's $83.25 million purchase of two apartment properties with 584 units in suburban Atlanta. Lion Real Estate, of Los ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
