Jones Lang LaSalle Secures $255 Million Refinancing for Luxury High-Rise in Jersey City

Reuters

2025/07/31

Jones Lang LaSalle Secures $255 Million Refinancing for Luxury High-Rise in Jersey City

Jones Lang LaSalle Inc. $(JLL)$ has successfully secured a $255 million refinancing deal for the luxury high-rise apartment building, Journal Squared III, located in Jersey City, New Jersey. This newly constructed, 58-story multifamily development is part of a larger three-tower complex in the Journal Square neighborhood. The financing was arranged on behalf of a joint venture between Kushner Real Estate Group and National Real Estate Advisors through Pacific Life. The completion of Journal Squared marks a decade-long effort to revitalize the area, contributing significantly to the neighborhood's transformation with 2.3 million square feet of mixed-use development. The project has attracted substantial investment and is set to further bolster growth and development in the area.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL41116) on July 30, 2025, and is solely responsible for the information contained therein.

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This newly constructed, 58-story multifamily development is part of a larger three-tower complex in the Journal <a href=\"https://laohu8.com/S/XYZ\">Square</a> neighborhood. The financing was arranged on behalf of a joint venture between Kushner Real Estate Group and National Real Estate Advisors through Pacific Life. The completion of Journal Squared marks a decade-long effort to revitalize the area, contributing significantly to the neighborhood's transformation with 2.3 million square feet of mixed-use development. The project has attracted substantial investment and is set to further bolster growth and development in the area.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL41116) on July 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"JLL","symbol_name":"仲量聯行","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250730:nNDL9YKtXr:1","article_id":"2555296000","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555296000","pubTimestamp":1753902127,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Jones Lang LaSalle Inc.  has successfully secured a $255 million refinancing deal for the luxury high-rise apartment building, Journal Squared III, located in Jersey City, New Jersey. 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