It may be cold outside, but Khosla Capital is bringing the heat to Hackensack with a nearly nine-figure refinancing of a luxury residential complex. CBRE provided Khosla with a $96 million loan to refinance Prospect Place in the New Jersey community, the Commercial Observer reported. The debt is a Freddie Mac-backed loan for the two-building, 360-unit complex at 300-310 Prospect Avenue. A CBRE team including Judah Hammer, Jason Gaccione and Shawn Rosenthal arranged the financing. In a statement, Khosla CEO Raman Khosla said the financing “positions us to continue investing in the property and enhancing the resident experience, while ensuring […]

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