Lions Group Secures $200 Million Construction Loan From Goldman Sachs And Freddie Mac For Multifamily Project
FINANCED
$240,000,000
+ 4
New Jersey
See Similar DealsMultiFamily
Financed 11/28/2025
FINANCED
Lions Group Secures $200 Million Construction Loan From Goldman Sachs And Freddie Mac For Multifamily Project
701 Newark Avenue
See Similar DealsMultiFamily
Financed 11/28/2025
+ 4
Summary
NEW JERSEY
Asset Type:MultiFamily
Transaction Type:Loan
The property asset involved in this transaction is a multifamily development located at Homestead Gateway, 701 Newark Avenue, in the Jersey City market. The asset comprises 360 units and is supported by a construction loan, bridge facility, LIHTC equity, Aspire tax credit purchase, and agency financing totaling $200,000,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $200,000,000
- Lender: Goldman Sachs & Freddie Mac
- Landlord: Lions Group
- Brokers: Nicco Lupo, Christopher Peck, Michael Shmuely, Jillian Grzywacz, Alex Staikos, Jimmy Cochran and Tom Didio Jr. - JLL
The key individuals and companies involved in this transaction include a team of brokers from JLL who facilitated the deal. The brokers representing the landlord are Nicco Lupo, Christopher Peck, Michael Shmuely, Jillian Grzywacz, Alex Staikos, Jimmy Cochran, and Tom Didio Jr.
Players
LENDER
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$240,000,000.00
Monthly NOI$1,600,000.00
Monthly Debt Service$1,516,963.26
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions