Walker & Dunlop Arranges $375 Million Construction Loan for Nasser Freres' Landmark Jersey City Development
JFK Boulevard will bring new housing, destination retail, and premier amenities to Journal Square
Walker & Dunlop, Inc. announced today that it has arranged a $375 million construction loan to finance JFK Boulevard, Nasser Freres’ transformative mixed-use development in the heart of Journal Square in Jersey City, New Jersey. The financing, provided by Madison Realty Capital, will support construction of the project in Journal Square, a significant addition to one of the New York metropolitan area’s fastest-growing transit-oriented districts.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260622360662/en/ JFK Boulevard. Photo Credit: Handel Architects
Walker & Dunlop Capital Markets Institutional Advisory arranged the transaction as an exclusive advisor to Nasser Freres LLC. Keith Kurland, Aaron Appel, Adam Schwartz, Jonathan Schwartz, Dustin Stolly, Sean Reimer, Jordan Casella, Christopher de Raet, and Jack Krentzman arranged the floating-rate, interest-only construction loan, which was provided by Madison Realty Capital.
