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The New York investment manager bought the one-story building from an investor group, 138 Dayton LLC, which is led by New York investor Charles Tebele. However, its sale was driven by Tebele's lender, Ameritas Life Insurance Corp., which had filed ...
The Real Deal Terreno Realty has sold the 603,000-square-foot industrial property at 130 Interstate Blvd. in South Brunswick, N.J., for $144 million, or $238.81/sf. The San Francisco REIT developed the property on a site it purchased in 2010 for $22.5 ...
Commercial Observer Invictus Real Estate Partners has provided $60 million of financing for the development of a 266-unit apartment property in the central New Jersey city of Plainfield. The property, at 401 East 3rd St., next to a commuter-rail station, ...
Turnbridge Equities has paid $23.75 million, or $166/sf, for the 143,280-square-foot industrial property at 138 Georges Road in Dayton, N.J. The New York investment manager bought the one-story building from an investor group led by New York investor Charles Tebele.
S3 Capital has provided $255 million of financing to fund the first phase of a 1,200-unit apartment property at 615 River Road in Edgewater, N.J. The loan was arranged by Galaxy Capital. Phase one calls for a 25-story building with ...
Site Centers Corp. has struck a deal to sell three of its shopping centers in New Jersey, Ohio, and Pennsylvania to Haverford Retail Partners for $126 million. The properties are well leased and generate an annualized $10.95 million of base ...
Commercial Observer NewPoint Real Estate Capital has provided a $24 million Freddie Mac loan against the 216-unit Treetop Apartments in Highland Park, N.J. Meridian Capital Group arranged the five-year loan. The property, at 100 Cedar Lane, is owned by Oxford ...
Commercial Observer Kennedy Wilson has provided $135 million of debt financing for the development of the 444-unit Lucy apartment property in Jersey City, N.J. The property, at 619 Grove St., is being developed by a venture of SJP Properties, Claremont ...
Wells Fargo Bank has provided $162 million of financing for the development of the 534-unit Raye by Vermella apartment property in New Brunswick, N.J. The two-building property, at 51 U.S. Route 1, is being developed in phases by Russo Development ...
Tyko Capital has provided a $220 million loan against the 576-unit apartment property at 626 Newark Ave. in the Journal Square section of Jersey City, N.J. The property is owned by Namdar Group of Great Neck, N.Y. Walker & Dunlop ...
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