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Riverfront Plaza Gets $27M in Financing

HACKENSACK, NJ-Riverfront Plaza gets $27 million in a fixed-rate 10-year permanent financing from Wells Fargo Commercial Mortgage to refinance debt.

By Sean Ryan | Updated on May 18, 2005

Sean Ryan is associate editor of Real Estate New Jersey For more retail coverage, click GlobeSt.com/RETAIL.

HACKENSACK, NJ-The Riverfront Plaza retail development located here has received $27 million in a fixed rate 10-year permanent financing from Wells Fargo Commercial Mortgage. The money will refinance debt on the property.

Alan Goodkin of the New York-based Ackman-Ziff Real Estate Group represented Riverfront Plaza LLC, the company that owns the development, in the negotiation. The principals of JD Construction Corp, a Hackensack-based developer, own Riverfront Plaza LLC.

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