Jersey City's 55-Story Tower Lands $375M Loan Following Project Approval
From the article
KEY POINTS Walker & Dunlop announced in late June that it had arranged a $375 million construction loan for JFK Boulevard, a planned mixed-use development set to rise in Jersey City’s Journal Square district. The financing follows local approvals for the 55-story project, which will replace a two-story retail building with housing, retail, and amenity space. Handel Architects describe a glass-forward tower with copper-toned detailing and a curved podium. Completion is slated for early 2029.
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