The 198-room Doubletree Jersey City hotel in Jersey City, N.J., has been acquired by Capital Insight for $61.5 million, or $310,606/room, in a deal that involved its assumption of a long-troubled $60 million CMBS loan. The hotel had been overseen ...
The Baltimore investor acquired the year-old property from Active Acquisitions LLC, a developer of commercial properties in New Jersey with an office in Wall, N.J. The property, at 400 Fairfield Road, is fully leased to logistics and fulfillment company EDA ...
Commercial Observer Société Générale has provided $37 million of financing against The Summit, a 99-unit apartment property at 136-144 Summit Ave. in Jersey City, N.J. The interest-only loan, arranged by Meridian Capital Group, pays a fixed coupon of 5.24 percent. ...
Avalair Group has paid $14.75 million, or $163.87/sf, for the 90,008-square-foot office property at 100 Tormee Drive in Tinton Falls, N.J. The Lakewood, N.J., investor acquired the property from Rockford Holdings of Cedarhurst, N.Y., in a deal arranged by JLL ...
REBusiness Online Kushner Real Estate Group has begun leasing Valley View Park, a 239-unit apartment property at 6000 Morris Place in East Hanover, N.J. The four-building property, 30 miles from Manhattan, has units with up to two bedrooms each and ...
Commercial Real Estate Direct Staff Report The $130 million CMBS loan against The Centre, a 314-unit apartment property in Cliffside Park, N.J., which had matured in July, remains outstanding and formally has transferred to special servicing. The loan is split ...
Venice Realty LLC of Millstone, N.J., was the seller.
Commercial Real Estate Direct Staff Report The 198-room Doubletree Jersey City hotel in Jersey City, N.J., has been acquired by Capital Insight for $61.5 million, or $310,606/room, in a deal that involved its assumption of a long-troubled $60 million CMBS ...
Commercial Real Estate Direct Staff Report MCB Real Estate has paid $67.52 million, or $183.45/sf, for New Jersey Logistics, a 368,050-square-foot industrial property in the central New Jersey township of Howell. The Baltimore investor acquired the year-old property from Active ...
The Los Angeles investment manager has provided $36.4 million of short-term financing against 101 and 103 JFK Parkway, a pair of Short Hills, N.J., office buildings that Columbia Pacific Advisors had taken earlier in the year through a deed-in-lieu of ...
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