Mortgages, Loans Payable And Other Obligations (Summary Of Mortgages, Loans Payable And Other Obligations) (Details)
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6 Months Ended |
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Mar. 29, 2018
USD ($)
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Mar. 01, 2018
USD ($)
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Jan. 08, 2018
USD ($)
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Jun. 30, 2018
USD ($)
property
item
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Jun. 30, 2017
USD ($)
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Dec. 31, 2017
USD ($)
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Debt Instrument [Line Items] |
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Principal balance outstanding |
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$ 2,646,437,000
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$ 2,809,568,000
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Borrowings from revolving credit facility |
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371,000,000
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$ 334,000,000
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Payment for borrowings |
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338,000,000
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$ 521,000,000
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Secured Debt [Member] |
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Debt Instrument [Line Items] |
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Principal balance outstanding |
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1,227,517,000
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1,426,111,000
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Unamortized deferred financing costs |
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(6,998,000)
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(7,976,000)
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Total mortgages, loans payable and other obligations, net |
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$ 1,220,519,000
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1,418,135,000
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Secured Debt [Member] | Harborside Plaza 5 [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Harborside Plaza 5
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Lender |
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The Northwestern Mutual Life Insurance Co. & New York Life Insurance Co.
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Effective rate |
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6.84%
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Principal balance outstanding |
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209,257,000
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Payment for borrowings |
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$ 8,400,000
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Secured Debt [Member] | 23 Main Street [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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23 Main Street
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Lender |
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Berkadia CMBS
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Effective rate |
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5.59%
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Principal balance outstanding |
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27,090,000
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Payment for borrowings |
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$ 100,000
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Secured Debt [Member] | One River Center [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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One River Center
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Lender |
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Guardian Life Insurance Co.
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Effective rate |
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7.31%
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Principal balance outstanding |
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40,485,000
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Number of properties used to collateralized mortgage | property |
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3
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Payment for borrowings |
$ 1,800,000
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Secured Debt [Member] | Park Square [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Park Square
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Lender |
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Wells Fargo Bank N.A.
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LIBOR |
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LIBOR+1.87
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Spread over LIBOR |
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1.87%
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Principal balance outstanding |
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$ 25,867,000
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26,567,000
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Loan maturity date |
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Apr. 10, 2019
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Secured Debt [Member] | 250 Johnson Road [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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250 Johnson
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Lender |
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M&T Bank
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LIBOR |
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LIBOR+2.35
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Spread over LIBOR |
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2.35%
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Principal balance outstanding |
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$ 39,918,000
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32,491,000
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Loan maturity date |
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May 20, 2019
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Secured Debt [Member] | 250 Johnson Road [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 42,000,000
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Loan extension period |
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1 year
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Extension fee |
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0.25%
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Secured Debt [Member] | Portside 5/6 [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Portside 5/6
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Lender |
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Citizens Bank
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LIBOR |
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LIBOR+2.50
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Spread over LIBOR |
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2.50%
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Principal balance outstanding |
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$ 67,088,000
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45,778,000
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Loan maturity date |
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Sep. 29, 2019
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Secured Debt [Member] | Portside 5/6 [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 73,000,000
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Number of extension options | item |
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2
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Loan extension period |
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1 year
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Extension fee |
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0.15%
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Secured Debt [Member] | Port Imperial 4/5 Hotel [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial 4/5 Hotel
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Lender |
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Fifth Third Bank & Santander
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LIBOR |
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LIBOR+4.50
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Spread over LIBOR |
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4.50%
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Principal balance outstanding |
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$ 65,598,000
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43,674,000
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Loan maturity date |
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Oct. 06, 2019
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Secured Debt [Member] | Port Imperial 4/5 Hotel [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 94,000,000
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Number of extension options | item |
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2
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Loan extension period |
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1 year
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Extension fee |
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0.20%
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Secured Debt [Member] | Port Imperial South 11 [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial South 11
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Lender |
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JPMorgan Chase
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LIBOR |
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LIBOR+2.35
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Spread over LIBOR |
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2.35%
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Principal balance outstanding |
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$ 60,107,000
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46,113,000
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Loan maturity date |
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Nov. 24, 2019
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Secured Debt [Member] | Port Imperial South 11 [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 78,000,000
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Number of extension options | item |
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2
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Loan extension period |
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1 year
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Extension fee |
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0.15%
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Secured Debt [Member] | Worcester [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Worcester
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Lender |
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Citizens Bank
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LIBOR |
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LIBOR+2.50
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Spread over LIBOR |
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2.50%
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Principal balance outstanding |
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$ 52,913,000
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37,821,000
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Loan maturity date |
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Dec. 10, 2019
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Secured Debt [Member] | Worcester [Member] | Construction Loan [Member] |
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Debt Instrument [Line Items] |
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Maximum borrowing capacity |
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$ 58,000,000
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Number of extension options | item |
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2
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Loan extension period |
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1 year
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Extension fee |
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0.15%
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Secured Debt [Member] | Monaco [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Monaco
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Lender |
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The Northwestern Mutual Life Insurance Co.
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Effective rate |
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3.15%
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Principal balance outstanding |
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$ 169,178,000
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169,987,000
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Loan maturity date |
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Feb. 01, 2021
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Adjustment for unamortized debt discount |
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$ 4,200,000
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Secured Debt [Member] | Port Imperial South 4/5 Retail [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial South 4/5 Retail
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Lender |
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American General Life & A/G PC
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Effective rate |
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4.56%
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Principal balance outstanding |
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$ 4,000,000
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4,000,000
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Loan maturity date |
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Dec. 01, 2021
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Secured Debt [Member] | Portside 7 [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Portside 7
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Lender |
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CBRE Capital Markets/FreddieMac
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Effective rate |
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3.57%
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Principal balance outstanding |
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$ 58,998,000
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58,998,000
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Loan maturity date |
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Aug. 01, 2023
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Secured Debt [Member] | Alterra I & II [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Alterra I & II
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Lender |
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Capital One/FreddieMac
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Effective rate |
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3.85%
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Principal balance outstanding |
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$ 100,000,000
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100,000,000
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Loan maturity date |
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Feb. 01, 2024
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Secured Debt [Member] | The Chase At Overlook Ridge [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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The Chase at Overlook Ridge
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Lender |
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New York Community Bank
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Effective rate |
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3.74%
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Principal balance outstanding |
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$ 135,750,000
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135,750,000
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Loan maturity date |
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Jan. 01, 2025
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Secured Debt [Member] | 101 Hudson Street [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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101 Hudson
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Lender |
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Wells Fargo CMBS
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Effective rate |
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3.20%
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Principal balance outstanding |
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$ 250,000,000
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250,000,000
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Loan maturity date |
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Oct. 11, 2026
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Secured Debt [Member] | Short Hills Portfolio [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Short Hills Portfolio
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Lender |
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Wells Fargo CMBS
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Effective rate |
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4.15%
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Principal balance outstanding |
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$ 124,500,000
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124,500,000
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Loan maturity date |
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Apr. 01, 2027
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Secured Debt [Member] | 150 Main St [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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150 Main St.
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Lender |
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Natixis Real Estate Capital LLC
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Effective rate |
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4.48%
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Principal balance outstanding |
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$ 41,000,000
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41,000,000
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Loan maturity date |
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Aug. 05, 2027
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Secured Debt [Member] | Port Imperial 4/5 Garage Development [Member] |
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Debt Instrument [Line Items] |
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Property Name |
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Port Imperial South 4/5 Garage
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Lender |
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American General Life & A/G PC
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Effective rate |
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4.85%
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Principal balance outstanding |
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$ 32,600,000
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$ 32,600,000
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Loan maturity date |
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Dec. 01, 2029
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