State: New Jersey -NJ

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 ...

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 ...

Real Estate NJ Unilever has signed to take 111,000 square feet of space at Waterfront Corporate Center I, the 557,639-sf office property at 111 River St. in Hoboken, N.J. The property, owned by SJP Properties of New York, is part ...

The Real Deal Fortress Investment Group and Rithm Capital have provided $415 million of financing to redevelop the Monmouth Mall in Eatontown, N.J., into a mixed-use complex. The property is being redeveloped by Kushner Cos. of New York, which had acquired ...

Namdar Group, which is developing a 588-unit apartment property at 35 Cottage St. in the Journal Square area of Jersey City, N.J., has lined up $152 million of financing for it. A senior chunk of the financing was provided by ...

Commercial Real Estate Direct Staff Report Silverstone Properties has paid $23 million for a portfolio of three garden-style apartment properties with 208 units in the Philadelphia suburb of Gloucester Township, N.J. The Lakewood, N.J., investor, launched in 2018 by Matt ...