Tishman Speyer: Tishman Speyer Buys New Jersey Multifamily Building for $96M in All-Cash Deal

Tishman Speyer, which helped spark a resurgence of the commercial mortgage-backed securities (CMBS) office market market with two recent high-profile Manhattan deals, went the debt-free route for its latest deal across the Hudson River. The developer has acquired a recently completed 200-unit multifamily building in Montclair, N.J., for $96.1 million in an all-cash deal from [...]