The property, at 1700 Route 37 West, was purchased by Mathias Deutsch and Isidore Bleir, a pair of Lakewood, N.J., investors who funded their purchase with a $50 million loan from Dwight Mortgage Trust. Sevenstone Capital arranged the sale.
Commercial Observer The 331-unit Silverwoods apartment property in Toms River, N.J., has changed hands for $59 million, or $178,247/unit. The property, at 1700 Route 37 West, was purchased by Mathias Deutsch and Isidore Bleir, a pair of Lakewood, N.J., investors ...
Nuveen Real Estate has provided $26.8 million of mortgage financing against the Camelot at Toms River, a 128-unit apartment property in the Jersey Shore community of Toms River, N.J. The five-year loan, which pays a fixed coupon, was arranged by ...
Commercial Real Estate Direct Staff Report The appraised value of Seacourt Pavilion, a 248,727-square-foot retail property at 635 Bay Ave. in Toms River, N.J., has been slashed to $25.8 million. That's less than the property's $26.8 million of CMBS debt ...
Horizon Equities has purchased a portfolio of 10 retail and office properties with 310,023 square feet in southern New Jersey for $46 million, or $148.38/sf. The Lakewood, N.J., developer bought the portfolio from the H. Hovnanian family office in a ...
Universe Holdings, a multifamily specialist that has focused on the Southern California market since its founding in 1994, is expanding its presence to the eastern United States. It made its first non-West Coast purchase last month, paying $60 million for ...
86 percent occupied. The previous owner, a venture led by Armstrong Realty Management of New York, had filed for Chapter 11 bankruptcy protection last year. The property's lender,RCG Longview, said the Armstrong venture owed more than $23.3 million of debt ...
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