Latest / Real Estate News Today | 2 Min News | The Daily News Now!
Namdar Secures $180M for Jersey City Tower | Real Estate News
Namdar Group just landed $180 million from Affinius Capital for its massive Journal Square development—a 27-story luxury tower with 564 apartments and commercial spaces including a synagogue, preschool, and party hall. This bridge loan follows a prior $152 million investment for the same project, with completion expected early 2027. Namdar’s momentum continues: in August alone, they secured $350 million for two other projects adding over 1,000 units. The neighborhood is exploding—Hudson Bay Capital recently poured $335 million into Namdar’s other Journal Square buildings, and just last month…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.