The KRE Group has landed funding for the second phase of its massive Jersey City rental development. The firm secured $258 million in construction financing, KRE said in a state ment Friday. Wells Fargo and Capital One provided the loan. The funding will be used for Tower Two at Journal Squared, a mixed-use project comprised of three buildings with 1,840 rental units in total. Tower Two will stand 71 stories tall, with 704 residences, and […]
source https://therealdeal.com/2019/01/25/murray-kushners-kre-snags-258m-loan-for-phase-ii-of-massive-jersey-city-project/
No comments:
Post a Comment