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Jersey City apartment high-rise gets construction loan

Walker & Dunlop arranges financing for developer Nasser Freres
JFK Boulevard in Jersey City, New Jersey, will be over 50 stories tall. (Handel Architects)
JFK Boulevard in Jersey City, New Jersey, will be over 50 stories tall. (Handel Architects)
CoStar News
June 23, 2026 | 5:15 P.M.

Developer Nasser Freres has obtained a $375 million construction loan for a large mixed-use tower in the Journal Square area of Jersey City, New Jersey, adding to the multifamily complexes in that transit-oriented district.

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