25 Senate

In September of 2020 Crescent Sky partnered with a multibillion-dollar asset manger to purchase mezzanine debt on 25 Senate, a 265-unit multifamily apartment complex in Jersey City, NJ. The debt was purchased at a discount to par.  Occupancy ending 12/31/2020 was a robust 97% . The asset was sourced, underwritten, and executed by Crescent Sky. 

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