New Deal: Nest Micro Apartments

We are pleased to announce a new deal!

We have provided construction financing for a $25,000,000 ground-up development for Jersey City’s first micro-apartment building

TOTAL LOAN

$18,500,000

LOAN TERM

24 MONTHS

LOAN TYPE

CONSTRUCTION

190 Academy Street Jersey City, NJ A brand new, 6 story apartment building which will include 122 apartments. Full furnished, and ready to move in. This is great for Jersey City. Having moved 3 kids in and our of apartments after college, buying furniture, cost of moving trucks, moving in and then moving out… now all they need is clothes. I wish we had this type of apartment 5 years ago, would have saved me time, money and a lot of back pain. Billy Procida, CEO & Veteran of 3 kids moving in and out of apartments from NYC to San Francisco