Rendering of Avora Waterfront, Weehawken, NJ Rendering of Avora Waterfront, Weehawken, NJ

WEEHAWKEN, NJ—Landsea Holdings, the US subsidiary of Chinese real estate developer Landsea Group, closed on a $102.3 million construction loan for Avora, a 184-unit luxury condominium project rising on the Weehawken, NJ waterfront facing midtown Manhattan. The amenity-rich 10- and 11-story building, which also includes 6,000 square feet of ground-floor retail space, is under construction, with initial occupancy scheduled for the first quarter of 2018. The financing was secured by Landsea with the assistance of Holliday Fenoglio Fowler through the Bank of the Ozarks.