State: New Jersey -NJ

Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $130 million loan against 90 Hudson St. in Jersey City, N.J., could soon take title to the 431,658-square-foot office building. Servicer notes compiled by Trepp Inc. indicate that ...

Commercial Real Estate Direct Staff Report Chronic cash flow issues at Park Place at Florham Park in northern New Jersey could soon result in its transfer to the CMBS trusts holding a $62.5 million loan against the 360,265-square-foot office complex. ...

Sym Investments has paid $80 million, or $344,827/unit, for the 232-unit SilverLake Apartments at 155 and 165 Belmont Ave. in the northern New Jersey township of Belleville. The Cedarhurst, N.Y., investor acquired the property from Klein Enterprises of Pikesville, Md., ...

Commercial Real Estate Direct Staff Report JRK Property Holdings has paid $400 million for three apartment properties totaling 803 units in Seattle, Los Angeles, and Hoboken, N.J. The Los Angeles investment manager bought the properties from Equity Residential of Chicago. ...

Truist Bank has provided a $71.96 million loan against the 201-unit Hazel apartment property at 89 Monitor St. in Jersey City, N.J. The property is owned by a venture of Beachwold Residential and Alpine Real Estate Group, both of New ...

Panepinto Properties has lined up a $78 million preferred equity investment from Affinius Capital for its development of the 678-unit Harborside 8 apartment property in Jersey City, N.J. The Jersey City developer also lined up $306 million of financing from ...

Panepinto Properties has paid $75 million for a 4.2-acre site at 3 Second St. and 242 Hudson St. in Jersey City, N.J. The local developer bought the property from Veris Residential, a Jersey City REIT, in a deal arranged by ...