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$88.34M financed for Jersey City multi-housing development

Journal Square Urby secures $88.34M in financing

JLL Capital Markets closed on $88.34 million non-recourse construction-to-perm financing for Jersey City Urby on behalf of the borrowers.

$21.5M loan secured for New Jersey grocery-anchored retail center

$78M refinancing secured for Bergen County multi-housing community

JLL Capital Markets announced today that it has closed the $78 million refinancing of The Current on River, a 254-unit, newly constructed multi-housing community in Hackensack, New Jersey. JLL represented the borrower, Brickyard Urban Renewal, LLC, an affiliate of Hekemian & Co., Inc., to secure the 10-year, fixed-rate loan through New York Life.

Hackensack multifamily secures $78M in refinancing, JLL says

JLL Capital Markets announced closing $78 million refinancing for the Hackensack multifamily housing property The Current on River.