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PGIM Real Estate has provided $87.1 million of financing against the Valley and Bloom apartment property in the New York City suburb of Montclair, N.J. The seven-year loan, which pays a floating coupon, was arranged by JLL Capital Markets. The ...
Rockledge Ventures LLC has purchased Hawthorne Towers, a 133-unit apartment property in Montclair, N.J., for $38 million, or $285,714/unit. Hawthorne Towers LLC sold the property in a deal brokered by Gebroe-Hammer Associates. Progress Capital arranged acquisition financing, terms of which ...
The venture funded its purchase in part with a $54 million loan provided by Natixis.
Commercial Real Estate Direct Staff Report A venture of Mill Creek Residential and Cigna Investment Management has acquired the 163-unit Montclair Residences at Bay Street Station apartment complex in the New York suburb of Montclair, N.J., for $77 million, or ...
Commercial Observer Natixis has provided $54 million of financing to help fund the acquisition, by a venture of Mill Creek Residential and Cigna Investment Management, of the 163-unit Montclair Residences at Bay Street Station apartment property in Montclair, N.J. JLL ...
95 percent occupied.
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