Commercial Observer Madison Realty Capital has provided $97 million of financing for the construction of a 110-unit condominium project at 38 Jackson St. in Hoboken, N.J. The project is being developed by The Taurasi Group of Hoboken. It also will ...
The Real Deal PCCP LLC has provided $64 million of financing for the development of One McClellan, a 121,000-square-foot industrial property in Newark, N.J. The property is being developed on a 10-acre site at 192 McClellan St., next to Newark ...
Bravo Property Trust has provided $46 million of financing to complete the construction of the 128-unit Allora apartment property at 281-289 Broadway in Bayonne, N.J. The short-term loan, which amounts to roughly 70 percent of the cost to construct the ...
The property, constructed in 1987 at 4 and 10 Schalks Crossing Road, was sold by Onyx Equities of Woodbridge, N.J., to KPE II LLC, an investor group based in Westbury, N.Y.
PCCP LLC has provided $53.5 million of financing for the construction of the 204,407-square-foot Belleville Logistics industrial property in the northern New Jersey township of Belleville. The two-building property is being developed on a speculative basis by Lincoln Equities Group ...
Commercial Real Estate Direct Staff Report The 218,718-square-foot Plainsboro Plaza retail center in the central New Jersey township of Plainsboro, N.J., just east of Princeton, N.J., has sold for $42.2 million, or nearly $193/sf. The property, constructed in 1987 at ...
KeyBank has provided a $54.9 million loan under the U.S. Department of Housing and Urban Development's 223(f) program for the 283-unit Grandview Terrace Apartments in the Journal Square neighborhood of Jersey City, N.J. The property, at 222 Saint Pauls Ave., ...
Armed with a massive lease with New Jersey Transit, the group that owns three buildings within the Gateway Center office complex in Newark, N.J., has been able to negotiate a term extension for the $285 million CMBS loan against the ...
ConnectCRE Genmab has expanded its footprint at the Princeton Forrestal Innovation Park in Plainsboro, N.J., by 135,000 square feet to 270,000 sf. The 657,408-sf office complex, which sits on 125 acres at 777 Scudders Mill Road, is owned by Third ...
Northwind Group has provided $65 million to fund 601W Cos.' $85 million, or $87/sf, purchase of the Harborside 5 office building, with 977,225 square feet in Jersey City, N.J. The New York company, led by investor Mark Karasick, bought the 33-story ...
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