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Panepinto Pulls in $193M Loan For Jersey City High-Rise

Panepinto's Pathside in Journal Square secures $193M construction financing

The S. Hekemian Group gets financing for developing Montvale medical space

JLL Capital Markets Group Secures $58 Million Refinance Loan for 240-Unit Luxury Midrise Apartment Building in Center of Jersey City

MORRISTOWN, NJ - JLL Capital Markets announced today that it has arranged the $58 million refinancing for 3 Journal Square, a 240-unit, luxury, mid-rise multi-housing apartment building located in Jersey City, New Jersey. JLL represented the borrower, 3 Journal Square Urban Renewal, LLC, to secure the seven-year, fixed-rate loan through a life insurance company. Built in 2017, 3 Journal Square offers one-, two- and three-bedroom units with bright, open layouts, full-size washers and dryers,.

Journal Square apartment building lands $58M refinancing

In Jersey City's Journal Square, a luxury, mid-rise apartment building, 3 Journal Square, secured refinancing to the tune of $58 million.