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To fund its purchase, Cammeby's has lined up a $112.4 million Freddie Mac loan through NewPoint Real Estate Capital. The 10-year loan requires only interest payment for the first six years, after which it amortizes.
The property has been renamed Volair Wesmont. To fund its purchase, Cammeby's has lined up a $112.4 million Freddie Mac loan through NewPoint Real Estate Capital. The 10-year loan requires only interest payment for the first six years, after which ...
Cammeby's International has paid $161.5 million, or $397,783/unit, for the 406-unit Avalon Wesmont Station apartment property in the northern New Jersey town of Wood Ridge, N.J. The New York investor acquired it from AvalonBay Communities of Arlington, Va., and has ...
Commercial Real Estate Direct Staff Report AvalonBay Communities has put its 406-unit Avalon Wesmont Station apartment property in the northern New Jersey borough of Wood-Ridge on the sales block. The Arlington, Va., REIT has tapped JLL to market the property, ...
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