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News
Namdar Group Secures $390M for Jersey City Tower
1+ week, 1+ day ago (194+ words) Multifamily & Affordable Housing Business Namdar Group Secures $390M for Jersey City Tower JERSEY CITY, N.J. — New York City-based developer Namdar Group has secured $390 million in financing for Park Tower, a 1,049-unit, transit-oriented, mixed-income development in Jersey City’s Journal Square neighborhood. A start…...
CEDARst Cos. Secures $80M Construction Loan for The Samuel in San Diego
1+ week, 5+ day ago (136+ words) Multifamily & Affordable Housing Business CEDARst Cos. Secures $80M Construction Loan for The Samuel in San Diego SAN DIEGO — Chicago-based CEDARst Cos. has obtained an $80 million construction loan to develop The Samuel, a 197-unit community in San Diego’s North Park neighborhood. JLL’s…...
Joint Venture Secures $277M Construction Loan for 69-Story Project in Jersey City
1+ week, 5+ day ago (168+ words) Multifamily & Affordable Housing Business Joint Venture Secures $277M Construction Loan for 69-Story Project in Jersey City JERSEY CITY, N.J. — Newmark has arranged a $277 million construction loan for Urby and Rockpoint, the developers behind 201 Hudson — by Urby, a 748-unit project planned in the Paulus…...
Canyon Partners Provides $74.4M Construction Loan for Inland Empire BTR Project
2+ week, 2+ day ago (147+ words) Multifamily & Affordable Housing Business Canyon Partners Provides $74.4M Construction Loan for Inland Empire BTR Project RIVERSIDE, CALIF. — Canyon Partners and J.P. Morgan have provided a $74.7 million construction loan for a ground-up, rental townhome development project in Riverside’s Mission Grove neighborhood. The…...
Domain Secures $175.6M for Mixed-Income Development in Queens
3+ week, 4+ day ago (109+ words) Multifamily & Affordable Housing Business NEW YORK CITY — The Domain Cos. has obtained a $175.6 million loan through Wells Fargo for a mixed-income development in Astoria, Queens, called Elara. Domain’s equity partners on the deal are Canyon Partners Real Estate and BLDG…...
Berkadia Arranges $35M Construction Loan for Third Phase of Metro Miami’s Casa Princeton
3+ week, 5+ day ago (113+ words) Multifamily & Affordable Housing Business Berkadia Arranges $35M Construction Loan for Third Phase of Metro Miami’s Casa Princeton HOMESTEAD, FLA. — Berkadia has arranged a $35 million construction loan for the third phase of development of Casa Princeton, a 162-unit, eight-story community in the South…...