Madison Realty Capital Originates $97 Million Construction Loan for Mixed-Use Luxury Redevelopment Project in Hoboken, New Jersey

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Madison Realty Capital Originates $97 Million Construction Loan for Mixed-Use Luxury Redevelopment Project in Hoboken, New Jersey

NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced that it has provided a $97 million construction loan to the Taurasi Group for the redevelopment of a 5-story industrial loft building located at 38 Jackson Street in Hoboken, New Jersey. Upon completion, the renovated 9-story, 493,915 square foot property …