Three Journal Square Urban Renewal, LLC, has secured a seven-year, fixed-rate loan for 3 Journal Square, a 240-unit, luxury, mid-rise multi-housing apartment building located in Jersey City, NJ.
JLL Capital Markets arranged the $58 million through a life insurance company.
Built in 2017, 3 Journal Square offers one-, two- and three-bedroom units and community amenities including a health and fitness center, a yoga studio, a resident lounge with fireplace and billiards and a rooftop deck with Manhattan skyline views.
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