The Ashton, Jersey City, NJ
JERSEY CITY, NJ—Normandy Opportunity Zone Fund, LP has secured$20.5 million in financing for its previously announced acquisitionof The Ashton apartment development here.
The two-year, floating rate financing deal, arranged by JLLCapital Markets, was provided by Rialto Capital Management onbehalf of the Normandy Opportunity Zone, a closed-end, fullydiscretionary investment fund managed by Columbia Property Trust,Inc.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
