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Hudson Bay Capital Supplies $335M Refi for Jersey City Apartments

Summary by Commercial Observer
Namdar Group has secured a $335 million debt package to refinance three newly built Jersey City multifamily assets, Commercial Observer has learned. Hudson Bay Capital Management provided the balance sheet financing for the rental housing portfolio in Jersey City’s Journal Square neighborhood, sources told CO.  The deal closed late Thursday afternoon.  Newmark (NMRK) arranged the transaction with a team led by Jordan Roeschlaub along with Nick S…
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Commercial ObserverCommercial Observer

Hudson Bay Capital Supplies $335M Refi for Jersey City Apartments

Namdar Group has secured a $335 million debt package to refinance three newly built Jersey City multifamily assets, Commercial Observer has learned. Hudson Bay Capital Management provided the balance sheet financing for the rental housing portfolio in Jersey City’s Journal Square neighborhood, sources told CO.  The deal closed late Thursday afternoon.  Newmark (NMRK) arranged the transaction with a team led by Jordan Roeschlaub along with Nick S…

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Commercial Observer broke the news in on Friday, March 28, 2025.
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