Tom Gilbane And Aric Shalev Of Rockpoint Secure $276.76 Million Construction Loan In Jersey City

195 Hudson Street is a multi-family property located in Jersey City, NJ, featuring a total square footage of 528,188 and comprising 748 units. The loan amount for this transaction is $276,758,790, classified as a construction loan.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $276,758,790
• Lender: William H. Rogers Jr. - Truist
• Borrower: Tom Gilbane & Aric Shalev - Rockpoint; David Barry - Urby
• Landlord's Rep: Jordan Roeschlaub, Christopher Kramer, Holden Witkoff & Jack Fenton - Newmark
• Market: Jersey City, NJ

This transaction involved key figures including lender William H. Rogers Jr. from Truist, while the borrowing parties consisted of Tom Gilbane and Aric Shalev representing Rockpoint, along with David Barry from Urby. The landlord’s representation was handled by Jordan Roeschlaub, Christopher Kramer, Holden Witkoff, and Jack Fenton from Newmark.