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1 Journal Square
FINANCED

Kushner Companies Secures $130M Mezzanine Loan For Multifamily Property At 1 Journal Square, Jersey City

1 Journal Square

MultiFamily
2,000,000 SF
clock iconFinanced 1 year ago
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Summary

Loan
NEW JERSEY
MultiFamily
2,000,000 sqft

The property involved in this transaction is a multifamily asset located at 1 Journal Square in Jersey City, NJ. The property has a total square footage of 2,000,000 and consists of 1,723 units. It was sold by Kushner Companies.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $130,000,000
  • Date: 06/16/2022
  • Market: Jersey City, NJ

Related Fund Management provided a mezzanine loan of $130,000,000 for this transaction. The loan was facilitated by Michael Campbell of The Carlton Group, who served as the broker representing Kushner Companies. For more information, you can contact Michael Campbell at (212) 716-5611 or [email protected].

Players

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    3

  • Agents

    1

  • Agencies

    1

  • Lenders

    1

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Michael Campbell
The Carlton Group-image
CEO

Details

Deal Summary
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FINANCED
IMAGE: Michael Campbell DATE: 06/16/2022 ADDRESS: 1 Journal Square MARKET: Jersey City, NJ ASSET TYPE: Multifamily ~ SF: 2,000,000 ~ UNITS: 1,723 LENDER: Related Fund Management LANDLORD: Kushner Companies BROKER: Michael Campbell(@The_Real_MJ_Campbell) - The Carlton Group LOAN AMOUNT: $130,000,000 LOAN TYPE: Mezzanine NOTE FROM BROKER: The Carlton Group Equity & Debt Capital Advisors Michael Campbell (212) 716-5611 [email protected]

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Address1 Journal Square

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