State: New Jersey -NJ

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 ...

Philadelphia Business Journal Berkeley Partners has paid $36.2 million, or $130.62/sf, for the 275,600-square-foot industrial property at 500 University Court in the Philadelphia suburb of Blackwood, N.J. The Oakland, Calif., investor bought the 29-year-old property, which was last renovated in ...

Commercial Real Estate Direct Staff Report A venture between Rubenstein Partners and Vision Real Estate Partners has lined up a $100 million mortgage from Deutsche Bank against three office buildings totaling 518,620 square feet at the Warren Corporate Center in ...

Truist Financial Corp. has provided $340 million of mortgage financing against 50 and 70 Christopher Columbus Drive, a pair of apartment buildings with 938 units in Jersey City, N.J. The properties are owned by a venture of Ironstate Development Co. ...