News
JP Morgan Chase Provides $136M Refi for Moderna Lofts in Jersey City
2+ hour, 57+ min ago (228+ words) Harrison Street Asset Management has secured $136 million to refinance Moderna Lofts, a 366-unit luxury apartment complex in Jersey City, N.J., Commercial Observer can first report." J.P. Morgan Chase provided the debt, while the Cushman & Wakefield equity, debt and structured finance team of…...
Jersey City Mayor Steven Fulop to Lead Partnership for New York City
5+ mon, 1+ week ago (383+ words) Steven Fulop, the outgoing mayor of Jersey City, N.J., will succeed longtime head Kathryn S. Wylde as the president and CEO of the Partnership for New York City, according to an announcement from the business booster group. Fulop was elected mayor of…...
Tyko Provides $220M Refi for Namdar Group’s Jersey City Multifamily
6+ mon, 4+ day ago (354+ words) Namdar Group has secured $220 million to refinance 626 Newark Avenue, a 27-story Class A, mixed-use multifamily property that recently opened in the Journal Square neighborhood of Jersey City, N.J." Tyko Capital provided the debt financing, according to a release, while the Walker…...
New Jersey’s American Dream Mall Sees Value Plummet by $800M
9+ mon, 3+ week ago (410+ words) It's been a bumpy ride for New Jersey's American Dream mall since it opened in 2019, and not because of its five roller coasters " and it keeps getting bumpier. Triple Five Group's 3.5 million-square-foot American Dream megamall in East Rutherford, N.J., has seen…...