CBRE said Tuesday it secured $36 million in loans for two multifamily properties in Hoboken.
Located at 332 and 1017 Jefferson St., the market-rate properties contain a total of 131 units.
Each property offers a mix of one- to three-bedroom units and onsite parking in close proximity to Manhattan, as well as a network of nearby restaurants, shopping and entertainment destinations.
AEGON USA Realty Advisors LLC provided flexible terms and an attractive long-term fixed interest rate, CBRE said.
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.