Lofts at Avenue E Bayonne, NJ
Project Type: Multifamily
Investment Type: Mezzanine Loan
Investment Amount: $3 million
The project is located in Bayonne, New Jersey which provides easy access to Newark Airport, Brooklyn, Manhattan, Staten Island, and Jersey City. Major companies that are headquartered in the area include: Prudential Financial, Newell Brands and Quest Diagnostics. Demand for multifamily rental housing in the area has been historically strong and has increased in recent months as a result of the current Covid-19 pandemic.
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