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Natixis Bank Provides $197M Acquisition Loan For Office Building In Jersey City

70 Hudson Street
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This Office property located in NJ received a loan of $197,000,000 about 2 years ago. The broker of the deal was Brad Domenico

The recent closed transaction involves an office property located at 70 Hudson Street in Jersey City, NJ. The property spans an area of 432,000 square feet and was acquired through an acquisition loan.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $197,000,000
  • Address: 70 Hudson Street, Jersey City, NJ
  • Market: Jersey City, NJ
  • Lender: Natixis Bank
  • Landlord: Vision Properties - Fred Arena
  • Broker: Brad Domenico - Progress Capital

Beyond the property details, the deal involved several key individuals and companies. Natixis Bank provided the acquisition loan, while the landlord, Vision Properties, was represented by Fred Arena. Brad Domenico of Progress Capital acted as the broker in the transaction.

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Deals
  • Location
    70 Hudson Street70 Hudson Street
  • Loan Value
    $197,000,000$197,000,000
  • Asset Type
    OfficeOffice
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Brad Domenico

Brad Domenico

Deals114
Financed$2.1B

Agency

Progress Capital

Progress Capital

Agency
Deals382
Volume$4.9B

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Deal Summary

LOAN IMAGE: Brad Domenico DATE: 02/24/2022 ADDRESS: 70 Hudson Street MARKET: Jersey City, NJ ASSET TYPE: Office ~ SF: 432,000 LENDER: Natixis Bank LANDLORD: Vision Properties - Fred Arena BROKER: Brad Domenico (@Domenico317) - Progress Capital (@Progress.Capital) LOAN AMOUNT: $197,000,000 LOAN TYPE: Acquisition Loan

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70 Hudson Street

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