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News
Developers land fresh $150M loan at Jersey City complex
8+ mon, 6+ 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…...
Developers awarded for renovation of historic A&P warehouse in Jersey City
11+ mon, 2+ day ago (216+ words) Real estate developers KABR Group and Kushner received the Adaptive Reuse Award from the Jersey City Landmarks Conservancy for their redevelopment of the 1913 Great Atlantic and Pacific Tea Company Warehouse in Jersey City. Now the Arts & Powerhouse Building, located at…...
SJP, Claremont land $135M loan for luxury Jersey City rentals
11+ mon, 2+ week ago (334+ words) The steady drip of Jersey City projects in the works doesn’t appear to be turning off anytime soon. A joint venture of SJP Properties, Claremont Development and Battery Global Advisors is ready to jump into the fray. The group landed…...