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News
NJ awards nearly $7.5M for construction, digital skills
3+ week, 5+ day ago (410+ words) NJBIZ Leading Women in Business NJ awards nearly $7.5M for construction, digital skills New Jersey is putting nearly $7.5 million into programs designed to help residents gain the skills they need to land jobs in fields where employers seek workers. The state…...
Developers land fresh $150M loan at Jersey City complex
8+ mon, 5+ day ago (325+ words) Ursa Development, Fields Grade completed the Devan development in 2024 Developers of a Jersey City multifamily property snagged fresh financing for their recently completed project. Ursa Development Group and Fields Grade landed a $150 million permanent loan from Truist Bank to refinance…...
Lions Group lands $200M construction loan for Jersey City high-rise
9+ mon, 1+ week ago (357+ words) Goldman Sachs funding 360-unit project in Journal Square As the end of the year approaches, Jersey City’s residential construction boom shows no signs of a holiday break. Lions Group NYC landed $200 million in construction financing to fund work at Homestead…...
NJEDA Approves $90M in Tax Credit Equity for Jersey City Multifamily Project
11+ mon, 1+ week ago (227+ words) JERSEY CITY, N.J. — The New Jersey Economic Development Authority (NJEDA) has approved approximately $90 million in tax credit equity for a 360-unit multifamily project in Jersey City. A developer doing business as 701 Newark Ave LLC will develop a 34-story building in the…...