Brookfield & G&S Secure $420M Construction Loan For Multifamily At 420 Marin Blvd | 420 Marin Boulevard | United Labor Life Insurance Company (ULLICO), Washington Capital Management, AFL - CIO Housing Investment Trust | Richard Horowitz, Justin Horowitz | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

Ullico, Washington Capital Management, and AFL-CIO Housing Investment Trust have provided a $420,000,000 construction loan for a multifamily property located at 420 Marin Boulevard in Jersey City, NJ. The property is owned by Brookfield Properties and G&S Investors.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $420,000,000
Lender: Ullico, Washington Capital Management, AFL-CIO Housing Investment Trust
Landlord: Brookfield Properties, G&S Investors

The loan was brokered by Richard Horowitz and Justin Horowitz of Cooper Horowitz.

Players

All
6

Agents
2
Agencies
1
Lenders
3

Richard Horowitz

$297M Sold

Justin Horowitz

Real Estate Salesperson

Cooper Horowitz

United Labor Life Insurance Company (ULLICO)

Washington Capital Management

AFL - CIO Housing Investment Trust

Details

Deal Summary

FINANCED

IMAGE: Richard Horowitz & Justin Horowitz DATE: 06/14/2023 ADDRESS: 420 Marin Boulevard MARKET: Jersey City, NJ ASSET TYPE: Multifamily LENDER: Ullico (@Ullicoinc), Washington Capital Management & AFL - CIO Housing Investment Trust (@Aflciohit) LANDLORD: Brookfield Properties (@BrookfieldProperties) & G&S Investors BROKERS: Richard Horowitz (@RichardTodd22) & Justin Horowitz (@Juice312) - Cooper Horowitz (@CooperHorowitz) LOAN AMOUNT: $420,000,000 LOAN TYPE: Construction

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Address420 Marin Boulevard

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