Tag: Namdar Group
Jersey City’s 626 Newark Avenue Nabs $220 Million Bridge Loan
A 27-story tower that recently wrapped construction in the city’s Journal Square neighborhood has secured a sizable bridge loan.
Target, Towers, and Transit: Journal Square’s Multi-Billion Dollar Transformation Unfolds
Journal Square is undergoing its most dramatic transformation in decades, with billions in new development reshaping the neighborhood.
With $358 Million in Financing, Namdar Group to Break Ground on Two Jersey City...
The funding will go towards two high rises along the Homestead Place corridor that will add a total of 1,126 residential units plus several retail storefronts along an emerging pedestrian plaza.
Namdar Group Secures $32 Million Loan as New Tower Plans Emerge in Jersey City
Namdar Group has secured a $32M loan to refinance projects and acquire land for a future tower in Journal Square, Jersey City.
Namdar Group Nabs $152 Million Loan for Jersey City Tower
Construction is ramping up at the company’s latest Journal Square project, which will include 588 residences, a synagogue and pre-school, and a party hall.
Namdar Group Nabs $160 Million Loan for Upcoming Jersey City Tower
Another high-rise in Jersey City will begin to rise in the coming months after financing has been secured for the construction.
Namdar Group Obtains $160 Million Bridge Loan for Jersey City High Rise
One of the most prominent developers in Jersey City’s Journal Square has secured a loan that will help transition their newly completed property.
Namdar Group Celebrates Topping Out of Two Jersey City Towers
The Long Island-based company, who plan to build six high-rises in the Journal Square neighborhood, recently hit a milestone on dueling 27-story developments that will add 667 residences to the area.
Two Towers from Namdar Group Rise in Jersey City as New Plaza Emerges
The Long Island-based developer is constructing two glass-heavy high-rises out of six that are planned for the block that will create a new pedestrian-only street lined with retail shops.
Journal Square Project Secures $47 Million Lease-Up Bridge Loan
Financing for a new multifamily development in Journal Square, Jersey City was recently arranged in the form of a lease-up bridge loan.
