July 19, 2023

MSW – Q2 2023 Transaction Highlights

While the second quarter of 2023 was filled with continued uncertainty in the commercial real estate market, the Murphy Schiller & Wilkes (MSW) transactional team remained busy, helping our clients close significant deals, both locally and nationally.

In Q2 2023, the firm represented the following:  

  • Seller in connection with $49,500,000 sale of industrial building in Union County, NJ.
  • Borrower in connection with modification of $36,130,687 loan secured by office building in Seattle, WA.
  • Borrower in connection with modification of $35,000,000 loan secured by office building in Boston, MA.
  • Seller in connection with $30,750,000 sale of hotel in Buena Vista, Florida.
  • Lender in connection with $25,000,000 in construction and permanent financing for a multifamily residential project in Passaic County, NJ.
  • Seller in connection with $19,200,000 sale of Mezzanine Loan concerning multifamily complex in Chatham, NJ.
  • Lender in connection with a $15,000,000 mortgage loan refinance for a multifamily residential complex in Delaware County, PA.
  • Purchaser in connection with $5,150,000 acquisition of industrial building in Phillipsburg, NJ.
  • Regional bank in connection with $4,800,000 in first and second lien mortgage financing for a mobile home park in Ocean County, NJ.
  • Texas bank in connection with a $3,800,000 mortgage loan refinance for an international manufacturer of packaging materials in Passaic County, NJ.
  • Purchaser in connection with $3,125,000 sale-leaseback of industrial building in East Windsor, CT.

Murphy Schiller & Wilkes LLP (MSW) is a boutique law firm servicing the commercial real estate and construction industries. Headquartered in Newark, New Jersey, the firm represents a wide range of clients, including institutional, publicly traded real estate companies, international and regional lenders, national contractors and subcontractors, and family offices. The firm has been ranked as a top law firm by both Chambers & Partners and U.S. News & World Report.