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
EquityMultiple Lends $30Mln to Redevelop N.J. Office
Commercial Real Estate Direct Staff Report Crowdfunding platform EquityMultiple has provided $30 million of senior mortgage financing to facilitate Inspired by Somerset Development's planned redevelopment of the former headquarters of Commvault Systems Inc. in Tinton Falls, N.J. Inspired, a Holmdel, ...
Delinquent $46.27Mln CMBS Loan Against Phila.-Area Offices Moves to Special Servicer
Commercial Real Estate Direct Staff Report Gateway Business Park, a 514,047-square-foot office complex in the Philadelphia suburb of Mount Laurel, N.J., hasn't generated enough cash flow to fully service its $46.27 million loan for more than two years. Debt-service payments ...
Kessler Rehabilitation Center Leases 125,000 SF at Jersey City, N.J., Office
ROI-NJ Kessler Rehabilitation Center has leased 125,000 square feet at the 200,000-sf Harborside 6 office building in Jersey City, N.J. The rehab hospital operator will occupy the 10-story building's top two floors. The property, at 135 Greene St., is owned ...
169 Pulaski St.
The New York investor acquired the property from Waitex Global International, which occupies 90% of the building's space. Waitex, a global logistics company, will continue to occupy space under short-term leasebacks with Turnbridge. An undisclosed lender provided $80.27 million of ...
Berkadia Writes $35.75Mln Fannie Mae Loan for Jersey City, N.J., Apartments
Berkadia has provided $35.75 million of Fannie Mae mortgage financing against the 110-unit apartment property at 829 Garfield Ave. in Jersey City, N.J. The five-year loan allowed the property's owner, Tay Investments of Hackensack, N.J., to refinance existing debt. The ...
Greystone Lends $80Mln for Northern N.J. Apartments
Greystone has provided $80 million of short-term financing against the 325-unit Meridia Roselle Park 10 apartments in Roselle Park, N.J. The bridge loan retires $68.5 million of financing that ACORE Capital had provided four years ago to fund construction of ...
Avalon Wesmont Station
To fund its purchase, Cammeby's has lined up a $112.4 million Freddie Mac loan through NewPoint Real Estate Capital. The 10-year loan requires only interest payment for the first six years, after which it amortizes.
Two South Willow apartment property
The four-year-old property is 98% leased.
Hazlet Town Center
LJL Realty has paid $44 million, or $231.57/sf, for Hazlet Town Center, the 190,000-square-foot shopping center in Hazlet, N.J. The Hackensack, N.J., investor acquired the property from Onyx Equities of Woodbridge, N.J., which had purchased it in 2016, when it was known ...
1735 Jersey Ave.
Taconic Partners has paid $74.3 million, or $202.45/sf, for the 367,000-square-foot industrial property at 1735 Jersey Ave. in North Brunswick, N.J. The New York investor bought the property from Saadia Group of New York and funded its purchase with a ...
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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.
