JP Morgan Chase Provides $136M Refi for Modera Lofts in Jersey City

‘Modera Lofts’ owner refis 366-unit property in Jersey City for $136 million, Cushman says – Real Estate NJ

Modera Lofts at 350 Warren St. in Jersey City — Courtesy: Cushman & Wakefield By Joshua Burd The owner of a loft-style luxury apartment building in downtown Jersey City has refinanced the property for $136 million, brokers with Cushman & Wakefield announced Thursday. According to the debt placement team, J.P. Morgan provided the loan to Harrison Street Asset Management in connection with the 366-unit property at 350 Warren St. Proceeds will supp…

Cushman & Wakefield arranges $136M refinancing for Modera Lofts in Jersey City

Cushman & Wakefield said it has arranged $136 million in refinancing for Modera Lofts, a 366-unit multifamily property in downtown Jersey City, in a transaction that underscores continued lender interest in well-located Hudson County rental assets. The real estate services firm said it served as exclusive advisor to Harrison Street Asset Management, the borrower, on the refinancing for the property at 350 Warren St. The loan was provided by J.P.…

JP Morgan Chase Provides $136M Refi for Modera Lofts in Jersey City

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