90 Hudson
An office property in Jersey City, New Jersey. Securitized in 1 CMBS deal in 2018.
$216.0MAppraised value (latest deal)
97.5%Occupancy
$11.9MUnderwritten NOI
5.5%Implied cap rate
- Address
- 90 Hudson Street, Jersey City, NJ 07302
- Property type
- Office · CBD
- Year built
- 1999
- Size
- 261,350 SF
- Sponsor
- Spear Street Capital, LLC; PFA Pension
- Loan purpose
- Refinance
- Largest tenant
- Lord Abbett
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMARK 2018-B1 | 2018-01-31 | $216.0M | 97.5% | $11.9M | 5.5% | $70.0M | 60.2% | 2.04x | 424B |
More CMBS properties in New Jersey →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.