Northwind Group announced that through its closed-end debt funds, it provided a $65 million first-mortgage, senior secured acquisition loan collateralized by Harborside 5, a 33-story class A office property totaling more than 1.5 million gross square feet including a 1,150-space parking garage featuring unobstructed views of the Manhattan skyline and located adjacent to the Exchange Place PATH train and ferry station in the waterfront district of Jersey City, N.J.
The property was acquired by 601W Companies, a leading office owner and operator, from Veris Residential in an off-market transaction.
