Located in Jersey City, N.J., Cast Iron Lofts features 232 apartment units.

KeyBank Originates $62M Loan for 232-Unit Apartment Community in Jersey City

by Amy Works February 16, 2017

February 16, 2017

JERSEY CITY, N.J. — KeyBank Real Estate Capital has originated a $62 million first mortgage loan for Cast Iron Lofts Phase II in Jersey City. The name of the borrower was not released. The 26-story apartment community features 232 units. Tom Peloquin of KeyBank’s commercial mortgage group arranged the financing through a correspondent life company relationship.

Cushman & Wakefield Arranges $19M Sale of Shopping Center in North Bergen, New Jersey

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KeyBank Originates $62M Loan for 232-Unit Apartment Community in Jersey City

Cushman & Wakefield Arranges $19M Sale of Shopping Center in North Bergen, New Jersey

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