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Hudson Bay Capital Supplies $60M Refi for Redeveloped N.J. Office Campus

A joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’

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Summary

A joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’s Mike’s headquarters, Commercial Observer has learned.

Hudson Bay Capital provided the bridge loan for the sponsorship’s 276,900-square-foot property Bell Works Fort Monmouth […]

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