$48M Refinancing Secured For Chelsea Senior Living Community In Bergen County
A $48 million refinancing has been arranged for two Class A senior housing communities located in Bergen County, NJ, and Rockland County, NY, the real estate firm said.
The deal includes The Chelsea at Washington Township, located at 620 Pascack Road in Washington Township, and The Chelsea at New City, located at 269 North Main Street in New City, JLL Capital Markets said.
JLL’s Seniors Housing Debt Advisory team worked on behalf of the borrower, Bain Capital Real Estate and Capitol Seniors Housing, to place a three-year, floating-rate loan with a large regional bank, according to the relea…
$30.7M Deal Brings New Owner To Multi-Housing Development In Downtown Port Chester
A newly built apartment and retail complex is stepping into a new chapter after being sold for $30.675 million in a deal that underscores continued investment momentum in a Westchester County village's downtown.
Real estate firm KABR Group has acquired 1 North Main St., a mixed-use, market-rate development located steps from the Port Chester Metro-North station, according to an announcement on Wednesday, Dec. 17 from JLL Capital Markets, which brokered the sale.
The five-story property, completed in 2022, includes market-rate studio, one-bedroom, and two-bedroom apartments above 7,630…