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Mack-Cali secures $150M refinancing for Hoboken, NJ, office property

Mack-Cali Realty Corp. obtained a $150 million fixed-rate loan to refinance a 13-story, class-A office tower at 111 River St. in Hoboken, N.J., GlobeSt.com reported.

CBRE Capital Markets secured the 10-year loan on behalf of Mack-Cali from Apollo Global Management through Athene Annuity & Life Assurance Co.