FINANCED
Ironstate Development And Panepinto Properties Secure $202.5M Loan For Residential Property In Jersey City With AIG
90 Columbus Drive
Other
56,602 SF
56,602 SF
Financed 1 year ago
Summary
Loan
NEW JERSEY
Other
56,602 sqft
Ironstate Development and Panepinto Properties have closed a residential real estate transaction at 90 Columbus Drive in Jersey City. The property, which is located in a prime market, was financed by AIG with a loan amount of $202,500,000. The loan terms are set for a 10-year fixed-rate.
Summary of transaction details
- Property Type: Residential
- Transaction Amount: $202,500,000
- Address: 90 Columbus Drive
- Market: Jersey City
The deal was orchestrated by Iron Hound Management, represented by Chris Herron and Robert Verrone. Their expertise and negotiation skills played a crucial role in successfully closing this transaction.
Players
Details
FINANCED
IMAGE: Chris Herron & Robert Verrone
DATE: 20/09/2019
ADDRESS: 90 Columbus Drive
MARKET: Jersey City ?
ASSET TYPE: Residential
LENDER: AIG
LANDLORD: Ironstate Development and Panepinto Properties
BROKERS: Iron Hound Management – Chris Herron & Robert Verrone
LOAN AMOUNT: $202,500,000
LOAN TERMS: 10-year, fixed-rateView on map
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Address90 Columbus Drive
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