HKS Real Estate Advisors has successfully facilitated a $46.5 million CMBS loan with Citigroup for a newly developed multifamily property known as Soldier Hill Commons located at 1-5 Soldier Hill Road in Paramus, New Jersey. This transaction was expertly managed by John Harrington, Principal and Founding Partner of HKS.
Soldier Hill Commons comprises 140, Class-A units spread across three buildings, totaling approximately 240,000 square feet on a sprawling 35-acre site. Designed for an exceptional living experience, the units feature spacious layouts, gourmet kitchens with quartz countertops, spa-inspired bathrooms, stainless steel appliances, and private outdoor balconies. The development also offers resort-style amenities, including a pool facility, game rooms, and conference rooms, ensuring residents enjoy a lifestyle of comfort and convenience.
This financing milestone was achieved for a well-established, family-owned development company with over 30 years of experience in multi-residential, mixed-use, historic renovations, and commercial/industrial properties throughout New York, New Jersey, and Connecticut.
HKS Real Estate Advisors LLC. is the industry’s premier Real Estate Advisory firm. We specialize in long term and short-term debt in the form of bridge, mezzanine, construction, and permanent financing. In addition, HKS is proficient in equity placement from numerous industry-wide relationships in the form of preferred equity, joint venture equity, and straight equity. As of 2018, we are proud to provide Investment Sales Advisory services.
