The financed property is located at 65 Tonnelle Ave. Located a block from the Journal Square PATH light rail station, it has 111 rooms and suites and totals some 80,000 sf of building space.
The Berger Organization owns and operates a portfolio of commercial properties throughout New Jersey. The Ramada Inn financing is the fourth deal Meridian has closed for Berger in the past year.
NOT FOR REPRINT
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.