Silk City Lofts, 175 Broadway, Paterson, NJ Silk City Lofts, 175 Broadway, Paterson, NJ

PATERSON, NJ—Silk City Lofts, a 48-unit condominium and retail building at 175 Broadway, Paterson, NJ, and an adjacent development site approved for 195 rental units at 105 Fair Street, have traded to JCM Investors, a Paterson real estate investment firm, from the properties’ owner, Great Falls Realty. NAI James E. Hanson’s Anthony Cassano represented Great Falls Realty and JCM Investors. The financial terms were not disclosed.