CBRE secures $36M refi for 2 residential properties on N.J.’s Gold Coast

CBRE introduced Tuesday it has secured $36 million in loans for 2 multifamily properties in Hoboken.

The buildings, situated at 1017 and 332 Jefferson St., include a complete of 131 one- to three-bedroom models.

Aegon USA Realty Advisors LLC offered the financing phrases and fixed-interest fee, CBRE stated.

Jim Gunning, Donna Falzarano and Kyle Saviano of CBRE secured the loans on behalf of the property’s possession.

“This was the primary mortgage closed between borrower and Aegon. The extremely fascinating location of the true property and the skilled in-house administration and leasing groups have been just a few of the favorable components that created a aggressive bid course of, leading to glorious phrases for the borrower,” Falzarano, vice chairman of CBRE’s Debt & Structured Finance, stated.