$155M financing secured for multi-housing development Hoboken Connect’s mixed-use project

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JLL Capital Markets secured $155 million in construction financing for Charlie, a 386-unit multifamily development in Hoboken. JLL represented the borrower, LCOR, Inc.

, in arranging the five-year floating-rate loan from insurance accounts managed by KKR. Charlie sits next to the NJ Transit Hoboken Terminal and is positioned along the Hudson Waterfront.

  Residents can seamlessly reach Manhattan in 12 to 15 minutes with the variety of ways to access to multimodal transportation options such as NJ Transit buses, rail, light rail, NY Waterway ferry and PATH services.  Hoboken, renowned for its vibrant live-work-play environment, features a dynamic mix of parks, shops, restaurants and nightlife, making it a top destination for young professionals and families seeking a Manhattan lifestyle extension.

Hoboken recently achieved a walk score of […].

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