While the third quarter of 2022 was filled with uncertainty caused by rising interest rates, the Murphy Schiller & Wilkes (MSW) transactional team remained incredibly busy, helping our clients close significant deals, both locally and nationally.

In Q3 2022, the firm represented the following:

• National bank in connection with a $125,000,000 revolving credit facility to a company in the Mid-Atlantic region.
• National lender in connection with $50,000,000 in term debt secured by a portfolio of Class A multifamily and office assets in Mercer and Hunterdon County, New Jersey.
• International bank in connection with a $31,000,000 A Note/B Note structured mortgage loan for an apartment building in Hudson County, New Jersey.
• Seller in connection with $24,850,000 sale of hotel in downtown Pittsburgh, Pennsylvania.
• Developer in connection with a $21,000,000 purchase of development site in Monmouth County, New Jersey.
• New Jersey bank in connection with an $11,215,000 commercial mortgage loan refinance for 5 multifamily properties in Hudson County, New Jersey.
• Purchaser in connection with $6,900,000 acquisition of 85,350 SF mixed use building in Windsor Locks, Connecticut.
• Negotiated sale-lease back transactions for real estate management firm for properties in Sarasota, FL, Rockledge, FL, Medley, FL, Tampa, FL, Tupelo, MS, and Columbia, SC.