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1 Journal Square

Kushner Companies Secures $515M Senior & Mezzanine Loan For Development Site In Jersey City

1 Journal Square

Development Site
2,000,000 SF
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Development Site
2,000,000 sqft

Located at 1 Journal Square in Jersey City, this development site is a notable asset in the real estate market. Spanning an impressive 2,000,000 square feet, the property offers ample space for potential development.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $515,000,000
  • Loan Type: Senior & Mezzanine Loan

In July 2022, a loan was secured for this property by AIG & Related Credit Funds. The loan amount of $515,000,000 was provided as a senior and mezzanine loan. The funds will support the future development of the site.

Laurent Morali of Kushner Companies played an instrumental role in this transaction as the landlord. His involvement highlights the significance of this deal for the company.


Deal Summary
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IMAGE: Laurent Morali DATE: 07/13/2022 ADDRESS: 1 Journal Square MARKET: Jersey City ASSET TYPE: Development Site ~ SF: 2,000,000 LENDER: AIG & Related Credit Funds LANDLORD: Kushner Companies - Laurent Morali LOAN AMOUNT: $515,000,000 LOAN TYPE: Senior & Mezzanine Loan

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Address1 Journal Square


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