An affiliate of Kushner Cos. has secured $100 million in financing for the development of a 299-unit mixed-use multifamily and retail project located at 144 Broadway Place in Long Branch, NJ.
Madison Realty Capital and Unity Capital have provided an $85 million construction loan and a $15 million mezzanine loan, respectively, to the affiliate.
Construction of the property is expected to be completed in the second quarter of 2026.
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