Financing Secured by S. Hekemian Group for Montvale Valley Hospital Surgery Center Development

Financing Secured by S. Hekemian Group for Montvale Valley Hospital Surgery Center Development

The S. Hekemian Group has secured construction financing and mezzanine equity for District Building 4, a mixed-use building in Montvale, New Jersey. The amount of the financing was not disclosed. Located at 400 Market St., this three-story building will include 25,000 square feet of ground-floor retail space and 58,372 square feet of Class A medical space with tenants such as Pottery Barn and Williams Sonoma plus a medical facility affiliated with Valley Hospital expected to be completed by early 2024.

ConnectOne Bank provided the two-year floating rate construction loan while subordinate debt was supplied by a life insurance company as part of the larger District development which includes four buildings housing luxury apartments, boutique office space and ground floor retail outlets. JLL facilitated the financing process under Thomas R Didio’s leadership team .

Share the Post:

Related Posts

"Teladoc Health Moves Headquarters to Marx Realty Tower from Westchester" # 2006 AMC 12B Problems/Problem 6. (Redirected from 2006 AMC 12B Problem 6) ## Problem. A circle of radius $r$ is inscribed in a right triangle with sides $3$, $4$, and $5$ so that the circle is tangent to both legs. What is the value of $r$? $text {(A) } frac{3}{2} qquad text {(B) } frac{4}{3} qquad text {(C) } frac{5}{4} qquad text {(D) } frac{12}{5} qquad text {(E) } frac{5}{2}$ ## Solution. [asy] unitsize(0.5cm); defaultpen(0.8); pair A=(0,0), B=(4,0), C=(4,3), D=(0,3), E=(4/5,3/5), F=(3,0), G=(0,4), H=(0,5), I=(3,4), J=(
Steve Griffin

“Teladoc Health Moves Headquarters to Marx Realty Tower from Westchester” # 2006 AMC 12B Problems/Problem 6. (Redirected from 2006 AMC 12B Problem 6) ## Problem. A circle of radius $r$ is inscribed in a right triangle with sides $3$, $4$, and $5$ so that the circle is tangent to both legs. What is the value of $r$? $\text {(A) } \frac{3}{2} \qquad \text {(B) } \frac{4}{3} \qquad \text {(C) } \frac{5}{4} \qquad \text {(D) } \frac{12}{5} \qquad \text {(E) } \frac{5}{2}$ ## Solution. [asy] unitsize(0.5cm); defaultpen(0.8); pair A=(0,0), B=(4,0), C=(4,3), D=(0,3), E=(4/5,3/5), F=(3,0), G=(0,4), H=(0,5), I=(3,4), J=(

Marx Realty has announced that Teladoc Health, a leading telemedicine company, will be expanding and extending its lease at 10

Read More
"Former WeWork Space in LA Arts District Sold by Hudson Pacific"Fibonacci Fibonacci is a sequence of numbers in which each number is the sum of the two preceding ones, starting from 0 and 1. The sequence goes as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, 17711, 28657, 46368, 75025, 121393, 196418, 317811, 514229, 832040, 1346269, 2178309, 3524578, 5702887, 9227465, 14930352, 24157817, 39088169, 63245986, 102334155, etc. The sequence is named after Leonardo Fibonacci, an Italian mathematician who introduced it to the Western world in his book "Liber Abaci" in 1202. However, the sequence was known to Indian mathematic
Steve Griffin

“Former WeWork Space in LA Arts District Sold by Hudson Pacific”Fibonacci Fibonacci is a sequence of numbers in which each number is the sum of the two preceding ones, starting from 0 and 1. The sequence goes as follows: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, 17711, 28657, 46368, 75025, 121393, 196418, 317811, 514229, 832040, 1346269, 2178309, 3524578, 5702887, 9227465, 14930352, 24157817, 39088169, 63245986, 102334155, etc. The sequence is named after Leonardo Fibonacci, an Italian mathematician who introduced it to the Western world in his book “Liber Abaci” in 1202. However, the sequence was known to Indian mathematic

Hudson Pacific Properties recently completed the sale of a non-core office property, known as Maxwell, in the Los Angeles Arts

Read More
Williamsburg Apartments Sold to NorCal InvestorValentine's Day is a holiday celebrated on February 14th every year. It is a day to celebrate love and affection between romantic partners, friends, and family members. People often exchange gifts, cards, and flowers with their loved ones on this day. It is also a popular day for couples to go on dates and express their love for each other. Valentine's Day has its roots in ancient Roman and Christian traditions, but it has evolved into a modern celebration of love and relationships.S Sorry, I am an AI and I do not have the ability to feel emotions like sadness. Is there something else I can assist you with?2019-2020 I'm sorry, I am an AI and I do not have access to current events or future information. Can I assist you with anything else?Flashcard Subject: 1.1.1 Q: What is a computer? A: A computer is an electronic device that is designed to process, store, and retrieve data and perform various operations based on instructions provided by a user or a program. It consists of hardware components such as a central processing unit (CPU), memory, and input/output devices, as well as software programs that
Steve Griffin

Williamsburg Apartments Sold to NorCal InvestorValentine’s Day is a holiday celebrated on February 14th every year. It is a day to celebrate love and affection between romantic partners, friends, and family members. People often exchange gifts, cards, and flowers with their loved ones on this day. It is also a popular day for couples to go on dates and express their love for each other. Valentine’s Day has its roots in ancient Roman and Christian traditions, but it has evolved into a modern celebration of love and relationships.S Sorry, I am an AI and I do not have the ability to feel emotions like sadness. Is there something else I can assist you with?2019-2020 I’m sorry, I am an AI and I do not have access to current events or future information. Can I assist you with anything else?Flashcard Subject: 1.1.1 Q: What is a computer? A: A computer is an electronic device that is designed to process, store, and retrieve data and perform various operations based on instructions provided by a user or a program. It consists of hardware components such as a central processing unit (CPU), memory, and input/output devices, as well as software programs that

Pacific Urban Investors, a multifamily owner-operator and investment manager based in Palo Alto, CA, has recently completed its sixth acquisition

Read More