Morgan Stanley Real Estate Provides $28.5M Refinance Loan For Jersey City Multifamily Property | 2 Ash Street | Gerard Quinn, Jon Mikula | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

The multifamily property located at 2 Ash St in Jersey City has been involved in a recent loan transaction. The property consists of 93 units and is owned by Columbia Property Trust. The loan, which was for the purpose of refinancing, was provided by Morgan Stanley Real Estate for an amount of $28,500,000.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $28,500,000
Address: 2 Ash St
Market: Jersey City
Units: 93

The deal was brokered by JLL Capital Markets, with Jon Mikula and Gerard Quinn representing the buyer and seller. They facilitated the refinancing process between Columbia Property Trust and Morgan Stanley Real Estate.

Players

All
3

Agents
2
Agencies
1

Gerard Quinn

Associate

$305M Sold

Jon Mikula

Senior Managing Director

$110M Sold

JLL

Details

Deal Summary

FINANCED

IMAGE: Jon Mikula & Gerard Quinn DATE: 04/10/2022 ADDRESS: 2 Ash St MARKET: Jersey City ASSET TYPE: Multifamily ~ UNITS: 93 LENDER: Morgan Stanley Real Estate LANDLORD: Columbia Property Trust BROKERS: Jon Mikula & Gerard Quinn - JLL Capital Markets LOAN AMOUNT: $28,500,000 LOAN TYPE: Refinance

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Address2 Ash Street

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