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Cole Schotz Represents Invictus Real Estate Partners in $89.5 Million Loan for NJ Development

December 17, 2020Attorneys: Jordan A. Fisch, Matthew S. Schneid, Wendy M. Berger, Jill B. Richardson, Catherine E. Bostock, Robyn A. Pellegrino, Cristina M. Riggio, Isabelle R. Jacobs, Aaron S. Brotman and Nicole Dlugosz
Cole Schotz P.C. represented Invictus Real Estate Partners LLC in connection with its origination of an $89.5 million construction and bridge loan to Eastone Equities LLC. The proceeds of the loan will be used for the development of two projects located in Harrison, New Jersey.

The loan is intended for the luxury mixed-use Harrison Yards development project. Phase I of the development includes a mixed-use building consisting of 205 residential units, 7,670 square feet of commercial space and 218 parking spaces, while Phase II of the development will comprise of 898 residential units, 204,709 square feet of retail, 1,350 parking spaces and a 200-key hotel.

Phase I of the project development is located at 600 Rodgers Boulevard South, and Phase II is located at 700 Rodgers Boulevard South and 600 South Fifth Street.

The Cole Schotz team was led by member Jordan A. Fisch and included members Matthew S. Schneid, Wendy M. Berger, Jill B. Richardson, Catherine E. Bostock and Robyn A. Pellegrino, and associates Cristina M. Riggio, Isabelle R. Jacobs, Aaron Brotman and Nicole Dlugosz.
 

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