HELIOS ARRANGES $14.1M DISTRESSED NOTE SALE IN N.J.
JERSEY CITY, N.J. — Helios Capital has arranged the sale of a $14.1 million, non-performing loan secured by a 60,000-square-foot multi-use property located in Jersey City's Journal Square. The three-story building consists of 45,000 square feet of retail space, 15,000 square feet of office space, two advertising billboards and a telecommunications antenna. Jonathan Horn of Helios represented the seller, Oritani Bank. The buyer was not disclosed.