Tall Pines Capital has loaned $120 million to the development The Element, a six-story apartment building located at 400 Claremont Avenue in Jersey City, New Jersey. The loan is split between an $84,000 construction loan and $36,000 of equity. Kathy Anderson, a founding partner of commercial real estate firm Progress Capital, arranged the loan.
source https://feeds.feedblitz.com/~/618969138/0/globest/new-york~Art-Johnson-Lands-M-Loan-For-Jersey-City-Property/
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