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REIT Ares Commercial Loans $41M For NJ Apartments

By Andrew McIntyre (March 30, 2020, 6:15 PM EDT) -- Real estate investment trust Ares Commercial Real Estate has loaned $41 million to Golden Glades Capital for a Jersey City, New Jersey, luxury apartment building that includes retail space, according to an announcement on Monday from Jones Lang LaSalle, which brokered the deal for the borrower....

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