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JLL Capital Markets Completes $88.34 Million in Construction Financing for 317-Unit Journal Square Urby Apartments in Jersey City

MORRISTOWN, NJ – JLL Capital Markets announced today that it has closed the $88.34 million non-recourse construction-to-perm financing of Journal Square Urby, a 317-unit, high-rise multi-housing development in Journal Square neighborhood of Jersey City, New Jersey.
JLL represented the borrowers, Urby and Panepinto Properties, to secure the ten-year, fixed-rate construction-to-perm loan through an institutional lender.
Journal Square Urby will feature a mix of studio, one-, two- and. ....

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$88.34M financed for Jersey City multi-housing development

$88.34M financed for Jersey City multi-housing development
rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.

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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. ....

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

$21.5M loan secured for New Jersey grocery-anchored retail center
rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.

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$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. ....

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