26 Van Reipen Avenue

Namdar Group Secures $83 Million Loan For 26 Van Reipen Avenue In Jersey City

7:30 am on January 17, 2024 By Max Gillespie

SCALE Lending, the debt financing arm of Slate Property Group, has provided an $83 million bridge loan to The Namdar Group for the newly completed 26 Van Reipen Avenue in Journal Square, Jersey City. This loan is part of a larger funding package totaling $283 million, which also supported another development, 626 Newark Avenue, within the same neighborhood.

26 Van Reipen Avenue’s Superstructure Rises in Jersey City

7:30 am on April 24, 2022 By Michael Young

Construction is rising on 26 Van Reipen Avenue, a 27-story residential tower in Jersey City‘s seven-building, 2.1-million-square-foot Homestead Place master plan. Designed by C3D Architecture and developed by Nambar Group, the 315-foot-tall structure will yield 235 rental apartments in studio to three-bedroom layouts. The property will also feature ground-floor retail, office space on the third floor, and a swimming pool. The development is located at the intersection of Van Reipen Avenue and Homestead Place.

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26 Van Reipen Avenue

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