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News
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…...
Veris Residential sells Harborside site in Jersey City for $75M
9+ mon, 1+ day ago (334+ words) Veris Residential is parting with another portion of the Harborside complex on the Jersey City waterfront, handing the keys of a massive development project to Panepinto Properties. Panepinto acquired Harborside 8 and 9 at 3 Second Street and 242 Hudson Street from Veris for…...
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…...
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…...