Namdar Group, a family-owned and operated real estate investment and development firm headquartered on Long Island, New York, has received $243 million in loans for two apartment high-rises in Jersey City, New Jersey, the third round of financing the developer has gotten from Scale Lending for a multifamily project in the Hudson waterfront municipality.
Namdar Group Receives $243 Million in Loans for Pair of Jersey City Apartment Towers
Scale Lending Has Now Supplied Developer $403 Million for Three Journal Square Projects
By Linda Moss
CoStar News
January 10, 2024 | 8:55 P.M.
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IN THIS ARTICLE
- Properties
- 9 Homestead
9 Homestead Pl, Jersey City, NJ
- 26 Van Reipen
26 Van Reipen Ave, Jersey City, NJ
- Companies
- Namdar Group of Companies
Real Estate
- Slate Property Group
Real Estate
- Contacts
- Drew Fletcher
President, Greystone & Co., Inc.
- Bryan Grover
Vice President, Greystone & Co., Inc.