FINANCED
Tall Pines Capital Loan $120M For Mixed-Use Property In Jersey City
400 Claremont Avenue
Financed 1 year ago
Summary
Loan
NEW JERSEY
Emanuel Stern and Kathy Anderson were involved in a recent closed property transaction. The property, located at 400 Claremont Avenue in Jersey City, is a mixed-use asset. The transaction was facilitated by Tall Pines Capital, with Emanuel Stern acting as the lender. The landlord of the property is Art Johnson. Kathy Anderson, representing Progress Capital, served as the broker in the deal.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $120,000,000
- Units: 631
Emanuel "Manny" Stern, the son of Leonard Stern, was involved in the transaction. Leonard Stern has a net worth of $4.8 billion.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Emanuel Stern & Kathy Anderson
DATE: 02/19/2020
ADDRESS: 400 Claremont Avenue
MARKET: Jersey City
ASSET TYPE: Mixed-use
LENDER: Tall Pines Capital – Emanuel Stern
LANDLORD: Art Johnson
BROKER: Kathy Anderson – Progress Capital
LOAN AMOUNT: $120,000,000
UNITS: 631
FUN FACT: Emanuel “Manny” Stern is Leonard Stern’s son. Leonard has a net worth of $4.8.8B […]View on map
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Address400 Claremont Avenue
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