BELLINGS

Dwight Supplies $70M Refi on Newark Multifamily Tower

New Jersey developer Yisroel Berger has sealed a $70 million loan to refinance a newly redeveloped multifamily tower in Newark, N.J., Commercial Observer has learned. A fund managed by Dwight Investment Management, a registered investment adviser affiliated with Dwight Capital,…

New Jersey developer Yisroel Berger has sealed a $70 million loan to refinance a newly redeveloped multifamily tower in Newark, N.J., Commercial Observer has learned. A fund managed by Dwight Investment Management, a registered investment adviser affiliated with Dwight Capital,…

BELLINGS Intelligence Score: 10

Why it matters

This is a routine refinancing of a multifamily property by a known developer and fund manager, representing ordinary business activity without novel structure or broad market impact.

Sources

  • Commercial Observer

    Dwight Supplies $70M Refi on Newark Multifamily Tower

    New Jersey developer Yisroel Berger has sealed a $70 million loan to refinance a newly redeveloped multifamily tower in Newark, N.J., Commercial Observer has learned. A fund managed by Dwight Investment Management, a registered investment adviser affiliated with Dwight Capital,…