N.J. 65-story waterfront apartment tower secures $384M financing deal [Yahoo! Finance]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: Yahoo! Finance
The package includes $306 million in construction financing and $78 million for the land purchase and vertical construction of the 678-unit residential tower, according to JLL Capital Markets group. The development partners plan to break ground in the first quarter of 2026. The project is expected to be completed in 2030. The 65-story development, located at 242 Hudson St., will feature: 719,726 square feet of rentable space across various unit types 8,578 square feet of ground-floor retail 350 parking spaces with EV charging stations 40,000-square-foot redesigned waterfront public park The luxury apartment community will also feature extensive amenities across more than 20,000 square feet, including a fitness center, indoor swimming pool, yoga studio, golf simulator, rooftop terraces, co-working spaces and a wine bar. JLL represented the borrowers, Panepinto Properties and AJD Construction, in securing the loan through Kennedy Wilson and arranging the preferred equ
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JLL
News
- JLL Announces Details of Fourth Quarter 2025 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- JLL Announces Details of Fourth Quarter 2025 Earnings Release and Conference CallPR Newswire
- Massive N.J. industrial property changes hands in major deal [Yahoo! Finance]Yahoo! Finance
- LaSalle completes $250M investment with Cortland [Yahoo! Finance]Yahoo! Finance
- ‘Hybrid creep' is the latest trick bosses are using to get workers back in the office [Fortune]Fortune
JLL
Earnings
- 11/5/25 - Beat
JLL
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- JLL's page on the SEC website