Capodagli Property Co. has closed on a $75 million bridge loan with SCALE Lending that will support its delivery of nearly 300 new apartments in Little Ferry.
SCALE Lending has doubled down on Namdar Group’s development pipeline in Jersey City, providing another $243 million in financing for projects with a combined 811 apartments.
A joint venture has secured a $59 million bridge loan for the final stages of a 16-story, 285-unit multifamily development in Jersey City’s McGinley Square neighborhood.
Namdar Group has landed a $160 million bridge loan for its newly completed, 432-unit apartment tower in Jersey City’s burgeoning Journal Square section.
A developer has landed nearly $100 million in financing to both break ground on 235 apartments and acquire a nearby site that is approved for another 576 units, with both parcels located in Jersey City’s historic and re-emerging Journal Square neighborhood.
