JLL Secures $255M for Luxury High-Rise Apartment Building in Jersey City - Jones Lang LaSalle (NYSE:JLL)

JLL secures $255M for luxury high-rise apartment building in Jersey City - Jones Lang LaSalle (NYSE:JLL)

Refinancing arranged for Kushner Real Estate Group & National Real Estate Advisors' Journal Squared III in Hudson County MORRISTOWN, N.J., July 30, 2025 /PRNewswire/ -- JLL's Capital Markets group announced today that it has secured a $255 million refinancing for Journal Squared III, a newly constructed, 58-story luxury multifamily high-rise in the Journal Square neighborhood of Jersey City, New Jersey. JLL worked on behalf of the borrower, a jo…

Kushner JV Obtains $255M Life Company Loan on Jersey City High-Rise

JLL’s Capital Markets group secured a $255-million refinancing for Journal Squared III, a newly constructed, 58-story luxury multifamily high-rise in the Journal Square neighborhood of Jersey City. Senior managing director Thomas Didio, managing director Thomas E. Didio, Jr., director Gerard Quinn, VP Michael Lachs and associate Michael Mataras worked on behalf of the borrower, a joint venture between Kushner Real Estate Group and National Real …

KRE, National ink $255 million refi for 598-unit ‘Journal Squared’ tower, JLL says – Real Estate NJ

Journal Squared at 595 Pavonia Ave. in Jersey City — Courtesy: JLL By Joshua Burd KRE Group and National Real Estate Advisors LLC have refinanced the third phase of their landmark Journal Squared project in Jersey City, in a $255 million deal arranged by JLL. According to the debt placement team, Pacific Life provided the 12-year, fixed-rate loan in connection with the 598-unit high-rise at 595 Pavonia Ave. The transaction comes a year after KRE…