Norkez Properties Secures $32M Construction Loan For Jersey City Multifamily

A construction loan in the amount of $32,000,000 has been secured by Norkez Properties for a multifamily property located at 143 Christopher Columbus Drive in Jersey City. The property consists of 60 units and is situated in the Jersey City market.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $32,000,000
• Address: 143 Christopher Columbus Drive
• Market: Jersey City
• Number of Units: 60

The lender for this loan is BHI, while Daniel Cohen and Tal Savariego from Meridian Capital Group acted as the brokers representing Norkez Properties in the deal.