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PCCP Provides $162M Construction Loan for a 345-Unit Transit-Oriented Multifamily Project Hoboken Urby

Summary by Yield PRO
PCCP has provided a $162 million senior construction loan to an affiliate of Ironstate for the ground-up development of Hoboken Urby, a 345-unit, Class A, transit-oriented multifamily project located at 256 Observer Highway in Hoboken, New Jersey. Situated on 1.1 acres, Hoboken Urby will sit prominently on the corner of Observer Highway, the southern border […] The post PCCP Provides $162M Construction Loan for a 345-Unit Transit-Oriented Multif…
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Yield PRO broke the news in on Tuesday, September 2, 2025.
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