JLL Capital Markets advises on $200M capitalization for Homestead Gateway in Jersey City

Goldman Sachs Provides Nearly $200M for Jersey City Mixed-Income Tower

JLL Capital Markets advised on the roughly $200,000,000 structured capitalization and forward Freddie Mac commitment for Lions Group’s Homestead Gateway, a 34-story mixed-income residential tower that will deliver the first affordable housing units to Jersey City’s Journal Square neighborhood in years. The Urban Investment Group at Goldman Sachs Alternatives provided a multi-tranched capital solution of nearly $200 million to the project, includ…

Homestead Gateway in Jersey City lands $200M financing

JLL Capital Markets advised on the full-stack structured capitalization and forward Freddie Mac commitment totaling more than $200 million for high-rise project Homestead Gateway, which will bring dozens of affordable housing units to Journal Square in Jersey City. JLL announced the financing for the Lions Group development Nov. 26. Coming to 71 Newark Ave., the 34-story mixed-income residential tower will feature 360 units total. The building w…

JLL Capital Markets advises on $200M capitalization for Homestead Gateway in Jersey City

JLL Capital Markets recently said that it has advised on the roughly $200 million structured capitalization and forward Freddie Mac commitment for Lions Group’s Homestead Gateway, a 34-story mixed-income residential tower that will provide affordable housing units to Jersey City’s Journal Square neighborhood. The Urban Investment Group at Goldman Sachs Alternatives provided a multi-tranched capital solution of nearly $200 million to the project,…