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Living Residential has paid $115.9 million, or $386,333/unit, for the 300-unit Woodmont Forge apartment property at 100 Forge Circle in Pennington, N.J., which is just outside of Princeton, N.J. The Lakewood, N.J., investor acquired the property from Woodmont Properties of ...
Commercial Real Estate Direct Staff Report The Macerich Co. venture that owns the Deptford Mall in the southern New Jersey township of Deptford paid off the property's $131.74 million mortgage when it matured last month. The loan, securitized through GS ...
Multi-Housing News Living Residential has paid $115.9 million, or $386,333/unit, for the 300-unit Woodmont Forge apartment property at 100 Forge Circle in Pennington, N.J., which is just outside of Princeton, N.J. The Lakewood, N.J., investor acquired the property from Woodmont ...
Oak Funding and Oak North Bank have committed to lend up to $80 million against 524,859 square feet of office space at the Latitude complex in the northern New Jersey township of Parsippany. The lenders—Oak Funding is based in Jersey ...
Commercial Real Estate Direct Staff Report The $287.72 million CMBS loan against the Bridgewater Commons shopping mall in northern New Jersey has been paid down to $238.88 million, facilitating its extension through November. The loan, with an original balance of ...
Commercial Observer Madison Realty Capital has provided a $61 million loan against the 135-unit Braddock Park West apartment property in the northern New Jersey township of North Bergen. The property, at 8601 Bergenline Ave., is owned by Sanz Property Management, ...
Real Estate NJ Maersk has leased 233,492 square feet at the 515,600-sf 200 Linden Logistics Center industrial property in Linden, N.J. The newly built property, at 200 Linden Logistics Way, is owned by a venture of PGIM Real Estate, Advance ...
Commercial Observer Madison Realty Capital has provided a $121 million of financing to fund the completion of the Southend Lofts, a 110-unit residential condominium project at 38 Jackson St. in Hoboken, N.J. The loan allows the property's developer, Taurasi Group ...
Commercial Observer Madison Realty Capital has provided a $90 million loan against the 300-unit Clifton & Co. apartment property in the northeast New Jersey city of Clifton. Newmark arranged the financing. The three-story property, at 691 Clifton Ave., is being ...
Commercial Real Estate Direct Staff Report The Canoe Brook Development venture that only last year completed construction of the 289-unit Declan apartment property along the Hudson River waterfront in Weehawken, N.J., has put it up for sale. The venture, which ...
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