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Another high-rise in Jersey City will begin to rise in the coming months after financing has been secured for the construction.
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.
SCALE Lending recently announced the closing of a $96 million combined construction and land loan in Journal Square, Jersey City.
Yesterday, SCALE Lending announced that it closed on a $120 million construction loan for a Journal Square multi-family development.