Sequoia Development Group Acquires Multifamily Property In Jersey City, NJ For $95M Loan
711 Montgomery Street
MultiFamily
Summary
The multifamily property located at 711 Montgomery Street in Jersey City, NJ has recently undergone a closed transaction. The property spans across 280,000 square feet and consists of 300 units. The deal involved a construction loan.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $95,000,000
- Address: 711 Montgomery Street, Jersey City, NJ
- Market: Jersey City, NJ
- Loan Type: Construction
- Lender: Parkview Financial & Montgomery Street Partners
- Landlord: Sequoia Development Group - Israel Neiman
- Brokers: Michael Campbell & Kyle Morque - The Carlton Group
The Carlton Group, serving as the broker in this deal, facilitated the equity and debt arrangements. Michael Campbell, contactable at (212) 716-5611 or [email protected], played a crucial role in the transaction.
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711 Montgomery Street
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