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Commercial Observer Bravo Property Trust has provided $62.2 million of senior financing to help fund the completion of the 203-unit apartment property that's being built at 50 Sussex Ave. in Newark, N.J. The property is being developed by a venture ...
Real Estate NJ Truist Bank has provided a $25 million loan against the 353,000-square-foot industrial property at 415 Hamburg Turnpike in Wayne, N.J. The property has been owned by The STRO Cos. of Ridgewood, N.J., for more than 30 years. ...
Seagis Property Group has lined up $81 million of financing against the 224,900-square-foot industrial property at 100 Frontage Road in Newark, N.J. JLL Capital Markets arranged the financing, which pays only interest for the life of its five-year term. The ...
The Real Deal PCCP LLC has provided $64 million of financing for the development of One McClellan, a 121,000-square-foot industrial property in Newark, N.J. The property is being developed on a 10-acre site at 192 McClellan St., next to Newark ...
Armed with a massive lease with New Jersey Transit, the group that owns three buildings within the Gateway Center office complex in Newark, N.J., has been able to negotiate a term extension for the $285 million CMBS loan against the ...
Commercial Real Estate Direct Staff Report Northwind Group has provided $22 million of mortgage financing to complete the redevelopment of the 303 Washington St. office building in downtown Newark, N.J., into 92 apartment units. The one-year loan, which could be ...
Commercial Real Estate Direct Staff Report The $285 million senior loan against three buildings with 1.7 million square feet within the Gateway Center office complex in Newark, N.J., has transferred to special servicing as it wasn't able to get a ...
The property is fully leased by Vital Records Control.
The Real Deal A proposed 2,100-unit apartment property in the downtown area of Newark, N.J., has been given the go-ahead by the city's planning board. The project has been proposed by Sinai Equity Group of Brooklyn, N.Y. It would involve ...
The Real Deal The Fort Lee, N.J., Planning Board has approved Mill Creek Residential Trust's plans for two neighboring apartment buildings with 425 units. The two buildings will be constructed at 41-55 and 90-100 Main St. in Fort Lee. The ...
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