AEGON USA Realty Advisors, LLC Provided Long-Term, Fixed-Rate Loans for 332 Jefferson Street and 1017 Jefferson Street in Hoboken, NJ
CBRE has secured $36 million in loans for two multifamily properties located at 332 and 1017 Jefferson Street in Hoboken, New Jersey. AEGON USA Realty Advisors, LLC provided flexible terms and an attractive long-term fixed interest rate.
CBRE team members Jim Gunning, Donna Falzarano and Kyle Saviano secured the loans on behalf of the property ownership.
“This was the first loan closed between borrower and Aegon. The highly desirable location of the real estate and the professional in-house management and leasing teams were only a few of the favorable factors that created a competitive bid process, resulting in excellent terms for the borrower,” said Falzarano, Vice President of CBRE Debt & Structured Finance.
332 Jefferson Street and 1017 Jefferson Street are well-located, market-rate multifamily properties containing a total of 131 units. Each Hoboken property offers a mix of one- to three-bedroom units and onsite parking in close proximity to Manhattan, as well as an extensive network of nearby restaurants, shopping and entertainment destinations.
CBRE has secured $36 million in loans for two multifamily properties located at 332 and 1017 Jefferson Street in Hoboken, New Jersey. AEGON USA Realty Advisors, LLC provided flexible terms and an attractive long-term fixed interest rate.
CBRE team members Jim Gunning, Donna Falzarano and Kyle Saviano secured the loans on behalf of the property ownership.
“This was the first loan closed between borrower and Aegon. The highly desirable location of the real estate and the professional in-house management and leasing teams were only a few of the favorable factors that created a competitive bid process, resulting in excellent terms for the borrower,” said Falzarano, Vice President of CBRE Debt & Structured Finance.
332 Jefferson Street and 1017 Jefferson Street are well-located, market-rate multifamily properties containing a total of 131 units. Each Hoboken property offers a mix of one- to three-bedroom units and onsite parking in close proximity to Manhattan, as well as an extensive network of nearby restaurants, shopping and entertainment destinations.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
