Keystone Property Group Scores $66M Loan For NJ Complex
By Andrew McIntyre (October 10, 2019, 4:17 PM EDT) -- Keystone Property Group has landed $66 million in financing for a Morristown, New Jersey, office complex, according to an announcement from lender 3650 REIT on Thursday.
One of several third-quarter loans the Miami-based REIT announced on Thursday, the loan is for the APX Morristown office complex.
The 486,736-square-foot complex is located at 412 Mount Kemble Ave. and is close to the Morristown train station, which provides easy access to New York Penn Station. Newark Liberty International Airport is also in proximity to the property.
"As more borrowers realize the value of aligning their perspectives with a lender that does not pass...
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