David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: New Jersey -NJ
275,600-SF Industrial Property in Southern N.J. Sells for $36Mln
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 ...
Deutsche Lends $100Mln Against Northern N.J. Offices
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 Lends $340Mln Against 2 Jersey City, N.J., Apartment Buildings
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. ...
Nuveen Lends $38.4Mln Against 200-Unit Apartment Property in Central N.J.
Nuveen Real Estate has provided $38.4 million of mortgage financing against the 200-unit Lofts at Helmetta apartment property in the central New Jersey borough of Helmetta. The five-building complex, the site of the former G.W. Helme Snuff Mill, is owned ...
Owner of Jersey City, N.J., Office Won’t Subsidize Debt-Service Payments
Commercial Real Estate Direct Staff Report Spear Street Capital, which owns the 431,658-square-foot office property at 90 Hudson St. in Jersey City, N.J., said it will not subsidize debt-service payments for the building's $130 million CMBS loan. As a result, ...
803 South Ave.
Gabriel Hamani, the former chief executive of Bank Hapoalim and former partner of Northwind Group, has paid $38.74 million, or $372,500/unit, for the 104-unit apartment property at 803 South Ave. in Plainfield, N.J. Hamani purchased the five-story property through 803 ...
MF1 Capital Lends $131.1Mln Against Northern N.J. Apartments
MF1 Capital LLC has provided $131.1 million of mortgage financing against the 390-unit third and fourth phases of the Riverwalk apartment property in the northern New Jersey borough of Elmwood Park. The loan, with a fully extended term of five ...
CoreWeave Pays $322Mln for Northern N.J. Building, Land
The following item has been corrected to clarify that CoreWeave bought only Building 11, which it already occupied, as well as an adjoining 27-acre parcel. It did not buy the entire complex. CoreWeave Inc. has paid $322 million for the ...
Pacific Life Lends $255Mln Against Jersey City, N.J., Apartments
Pacific Life Insurance Co. has provided $255 million of financing against the 598-unit Journal Square III apartment property at 595 Pavonia Ave. in Jersey City, N.J. The property is owned by a venture of Kushner Real Estate Group and National ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
