City: Newark

The Real Deal A venture of Reuten Associates and Metropolis Property Group is planning the Residences at Reuten Park, a 195-unit seniors-housing facility in Closter, N.J. It will demolish the manufacturing buildings on the site that Reuten Associates has owned ...

The Real Deal Hero Construction has lined up $19.5 million of construction financing from Metropolitan Bank for the 119-unit Modern apartment property in East Orange, N.J. The 18-month loan was arranged by Progress Capital. The five-story building, at 45 South ...

A group of banks led by Valley National Bank has provided $94 million of financing for the construction of a 403-unit apartment property at 55 Union St. in the Ironbound area of Newark, N.J. The group included Bank Hapoalim of ...

Commercial Observer CTL Capital has provided $82.5 million of financing against the 500,000-square-foot Claremont Tower office property in Newark, N.J. Walker & Dunlop arranged the loan, which has a 21.5-year term and a coupon that's less than 3 percent. Claremont ...

Commercial Observer Thorofare Capital has provided $30.8 million of financing against the multifamily project at 440 Elizabeth Ave. in Newark, N.J. The Chetrit Group is developing the 25-story building on the site of the former Carmel Towers, which it had ...

Commercial Property Executive RK Logistics Group has leased two warehouses totaling 410,000 square feet in Newark, Calif. The Fremont, Calif., logistics company will fully occupy the 269,000-sf Mowry Business Center, at 6753 Mowry Ave., as well as the entire Morton ...

Hartz Mountain Industries is considering handing its 358-room Sheraton Lincoln Harbor Hotel in Weehawken, N.J., over to its lenders in a deed-in-lieu of foreclosure. The 29-year-old hotel, at 500 Harbor Blvd., along the Hudson River and next to a pier ...

Commercial Real Estate Direct Staff Report Piedmont Office Realty Trust Inc. has sold its final three properties in New Jersey, with a combined 721,972 square feet, for $130 million, or $180/sf. The portfolio consists of the 125,239-sf building at 600 ...

Real Estate NJ Columbia Storage Group has paid $24 million, or $25,946/unit, for the 925-unit self-storage facility at 10 Kingsland Road in Clifton, N.J., about 15 miles northwest of Manhattan. The Florham Park, N.J., company bought the property from Tulfra ...

Investors Bank has provided $34 million of construction financing against the 180-unit Mountain View Estates apartment project at 920 Belmont Ave. in North Haledon, N.J. A venture of Tulfra Real Estate of Rochelle Park, N.J., and the Hampshire Cos. of ...