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City: Toms River
Silverwoods apartment property
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.
Toms River, N.J., Apartments Sell for $59Mln; Dwight Mortgage Trust Lends $50Mln
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 Lends $26.8Mln Against Toms River, N.J., Apartments
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 ...
Appraised Value of Toms River, N.J., Retail Property Now Less Than Loan’s Balance
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 ...
10-Property Commercial Portfolio in Central N.J. Trades for $46Mln
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 ...
L.A. Multifamily Specialist Eyes Eastern U.S. Expansion
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 ...
Commons at Hooper/1350 Hooper Ave.
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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