The owners of a six-year-old, 240-unit luxury apartment building in Jersey City have closed on $58 million in financing for the property, according to a debt placement team with JLL.
Hartz, Panepinto project is ‘another step’ in Journal Square’s revival
If there is any doubt about the demand for new luxury apartments away from downtown Jersey City, look to the new 13-story tower that has risen just northwest of the busy Journal Square transportation center. That’s where a crowd gathered on Tuesday morning to celebrate the opening of the building, 3 Journal Square, as the newest addition to the onetime commercial hub of the city.
