FINANCED
Franklin BSP Realty Trust, Inc. Refinances Multifamily Asset In Jersey City For $105M
23 University Place Boulevard
MultiFamily
Financed 1 year ago
Summary
Loan
NEW JERSEY
MultiFamily
The multifamily property located at 23 University Pl Blvd in Jersey City has been refinanced with a loan amount of $105,000,000. The property consists of 362 units and is owned by The Hampshire Companies, Claremont Development, and Circle Squared.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $105,000,000
- Address: 23 University Pl Blvd
- Market: Jersey City
- Units: 362
The loan was provided by Franklin BSP Realty Trust, Inc. The brokers who facilitated the deal were Jon Mikula, Michael Klein, and Gerard Quinn from JLL Capital Markets.
Players
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5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jon Mikula, Michael Klein, & Gerard Quinn
DATE: 03/28/2022
ADDRESS: 23 University Pl Blvd
MARKET: Jersey City
ASSET TYPE: Multifamily ~ UNITS: 362
LENDER: Franklin BSP Realty Trust, Inc.
LANDLORD: The Hampshire Companies, Claremont Development & Circle Squared
BROKERS: Jon Mikula, Michael Klein, & Gerard Quinn - JLL Capital Markets
LOAN AMOUNT: $105,000,000
LOAN TYPE: RefinanceView on map
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Address23 University Place Boulevard
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