Natixis Real Estate Capital Provides $55M Floating-Rate Loan For Industrial Properties In Jersey City, Hoboken, Union City, Newark, & Garfield

The Alan Mruvka Company, represented by Alan Mruvka, secured a $55,000,000 floating-rate loan from Natixis Real Estate Capital. The loan was obtained for multiple industrial properties located at 190 Baldwin Ave, 315 Coles St., 3322 Hudson Ave, 200 Mt. Pleasant Avenue, and 170 River Dr. The properties are situated in Jersey City, Hoboken, Union City, Newark, and Garfield, respectively.

Summary of transaction details

• Property Type: Industrial
• Loan Amount: $55,000,000
• Lender: Natixis Real Estate Capital
• Landlord: The Alan Mruvka Company - Alan Mruvka
• Lender's Representative: Michael Magner
• Landlord's Representative: Richard Horowitz & Justin Horowitz - Cooper Horowitz

Michael Magner of Natixis Real Estate Capital served as the lender's representative in the deal, while Richard Horowitz and Justin Horowitz of Cooper Horowitz represented The Alan Mruvka Company as the landlord's representatives.