Construction has topped out on 618 Pavonia Avenue, a 27-story mixed-use tower in Jersey City‘s seven-building, 2.1-million-square-foot Homestead Place master plan. Designed by C3D Architecture and developed by Namdar Group, the 293-foot-tall structure will yield 376 residences.

Financing for a new multifamily development in Journal Square, Jersey City was recently arranged by Greystone on behalf of Namdar Group. The financing is in the form of a $47 million lease-up bridge loan for 28 Cottage, a new 166-unit Class-A multifamily property located in the Journal Square neighborhood of Jersey City.

The Long-Island based developer received $73 million for construction of a 235-unit building at 26 Van Reipen Avenue. It also secured $23 million to replace the existing land acquisition loan for a nearby parcel at 626 Newark Avenue, where the developer plans to build 576 units.

Namdar Group has scored a $120 million construction loan to fund a multifamily project in Jersey City, N.J., Commercial Observer has learned.

NEW YORK CITY – Family-owned real estate company, the Namdar Group has secured a $42.7 million bridge loan from Lightstone’s real estate debt platform, Lightstone Capital, to refinance its mixed-use building, MRK, in New York City’s Jersey City neighborhood.

A project that is expected to bring three high-rise towers to the Journal Square section of Jersey City is apparently just the beginning of the developer’s proposal for the neighborhood.

The Namdar Group and Modern Spaces have launched leasing at MRK, a new 16-story rental building at at 97 Newkirk Street in Jersey City‘s Journal Square neighborhood. Designed by C3D Architecture, the mid-rise structure contains 132 apartments featuring 11-foot-tall ceilings, smart home technologies, furnished kitchen systems, and en-suite washers and dryers.

A proposal to construct a new tower in Journal Square is now the subject of a redevelopment agreement between 626-630 Newark Avenue, LLC and the Jersey City Redevelopment Agency (JCRA), revealing new information about the 27-story high-rise that could rise above the neighborhood.

A synagogue in Jersey City’s Journal Square neighborhood that sits in the shadow of the first Journal Squared tower will itself be replaced with a high-rise development, though the upcoming building will include space for the Russian Orthodox Jewish temple.

Construction is underway for one of the newest additions to the fast-growing Journal Square section of Jersey City — a new 15-story residential tower with both office and retail space.

Last Thursday, May 3, Mayor Fulop and the Namdar Group officially broke ground for the 87 Newkirk Street development near Journal Square. The 15-story building will bring 132 apartments to the neighborhood as well as 25,000 square feet of shared office space and 1,500 square feet of retail space.

Great Neck Plaza trustees gave a conditional green light to a proposed 55-unit apartment dwelling at 15 Bond Street on Thursday night, following more than two years of deliberations, appearances and plan updates before village boards.

New York City (NYC) based co-living specialist, Ollie, has signed a master lease to operate the first all-inclusive co-living concept to New Jersey.

Development in Journal Square is showing no signs of slowing down. Just today, NJBiz has reported that the lot at 87 Newkirk Street has been purchased by a New York based developer under the LLC, 87 Newkirk Holdings.