Property
225 Grand
Location
Jersey City, NJ
Size
348 Units
Value
$96M
Type
Debt

225 Grand

BlueGate Partners, LLC and NorthMarq Capital (“NorthMarq”) have been retained on an exclusive basis by Grand LHN II Urban Renewal LLC to arrange the financing of the Owner’s 100% interest in 225 Grand, one of New Jersey’s newest luxury apartment buildings. The property was designed by the prestigious architectural firm of HLW and boasts among the highest quality design, construction and apartment finishes of any upscale residential community along New Jersey’s “Gold Coast.” The property provides residents with resort-style accommodations, featuring 44 residential floor plans. A total of 8 apartments have balconies and an additional 15 have private entrances and front yards, a very unique feature in an urban setting. 225 Grand is located in the heart of Jersey City’s revitalized downtown waterfront district, just minutes away from the largest population, employment and cultural center in the United States. The property is strategically located in the southwestern portion of downtown, adjacent to the quaint Paulus Hook neighborhood, filled with historic brownstones, tree-lined streets and multiple restaurants.