Three Journal Square Urban Renewal, LLC, has secured a seven-year, fixed-rate loan for 3 Journal Square, a 240-unit, luxury, mid-rise multi-housing apartment building located in Jersey City, NJ.
JLL Capital Markets arranged the $58 million through a life insurance company.
Built in 2017, 3 Journal Square offers one-, two- and three-bedroom units and community amenities including a health and fitness center, a yoga studio, a resident lounge with fireplace and billiards and a rooftop deck with Manhattan skyline views.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
