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Signature Acquisitions has paid $51.76 million, or $110.57/sf, for the 468,049-square-foot 500 Plaza Drive office property in Secaucus, N.J. The Cranford, N.J., investor lined up $38 million of senior financing from Oak Funding of Jersey City, N.J., for its purchase.
Commercial Real Estate Direct Staff Report AMS Acquisitions, which seven years ago had acquired the former Maidenform bra factory in Bayonne, N.J., is looking for a venture partner to build out the property's second phase, which would have 286 apartment units. ...
Commercial Observer Bank Hapoalim has provided a $35 million loan for the construction of a 202-unit apartment property at 277-301 West Side Ave. in Jersey City, N.J. The property is being developed by Tay Investments of Hackensack, N.J., which had ...
Commercial Real Estate Direct Staff Report The 314-unit Centre apartment property at 695 Anderson Ave. in Cliffside Park, N.J., whose $130 million CMBS loan had matured last July, has been reappraised at a value of $161.1 million. The loan has ...
Commercial Real Estate Direct Staff Report Dwight Mortgage Trust has provided $34 million of bridge financing against the 168-unit second phase of the Mi Place at Brightmoor apartment property in Sicklerville, N.J. The loan allowed for the repayment of a ...
Commercial Observer Bravo Property Trust has provided $65 million of short-term financing to help fund the construction of a 218-unit apartment property at 682 State Route 440 in Jersey City, N.J. The property is being developed by Myneni Properties of ...
REBusiness Online MLB Network has signed a lease to occupy the entire 207,000-square-foot industrial property at 25 Market St. in Elmwood Park, N.J. The property is owned by Crow Holdings Development of Dallas, which was represented in lease negotiations by ...
Bank OZK has provided a $142.7 million construction loan for the development of Scholars Village, a 500-unit apartment property in Jersey City, N.J. The property, at 189 Phillip St., is being developed by Alpine Residential, a venture of Beachwold Residential ...
JLL Real Estate Capital has provided $81.2 million of Freddie Mac financing against a pair of apartment properties with 208 units in Jersey City, N.J. The properties - the 169-unit Atlas at 270 Johnston Ave. and 39-unit Starling at 66 ...
The Oak Brook, Ill., investment manager bought the property, constructed in phases between 2018 and 2023, from a venture of Fidelco Realty Group of Millburn, N.J., and Diversified Properties of Montville, N.J. Summit Court is 93% occupied and includes an ...
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