Titanium Realty Group recently secured a $42.5 million senior bridge loan from Lightstone Capital, the real estate debt platform of Lightstone, for a newly built 148-unit multifamily property in Jersey City, NJ. The 19-story building located at 413 Summit Avenue offers studios, one-, two-, and three-bedroom units as well as 4500 square feet of retail space on the ground floor.
Meridian Capital Group’s Daniel Cohen and Tal Savariego arranged the loan to support Titanium Realty Group’s leasing efforts at this location.
Mesquite Industrial Park Acquired by Bixby for 533K Square Feet
Bixby Capital Management has acquired a 533,632-square-foot industrial portfolio in Mesquite from Huntington Industrial Partners. The deal was brokered by