REBusinessOnline

G.S. Wilcox Arranges $60M Permanent Loan for Multifamily Project in Hackensack, New Jersey

HACKENSACK, N.J. — G.S. Wilcox has arranged a $60 million permanent loan for Print House, a 271-unit multifamily project that will be located in the Northern New Jersey community of Hackensack. Print House, which will be the first phase of a larger, 20-acre development along the Hackensack River, will offer studio, one- and two-bedroom units. Amenities will include a pool with a sundeck, fitness center with a yoga studio, clubroom with TVs and gaming areas, a bar area, private conference room and a dog walk. Gretchen Wilcox, David Fryer and Al Raymond of G.S. Wilcox arranged the 10-year loan on behalf of the borrower, a partnership between Russo Development, Hampshire Management and Fourth Edition Inc., which recently launched its leasing campaign. The direct lender was not disclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties