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New York & Tri-State  + Apartments  |  April 15, 2022
JBA and Agile Capital Arrange $63.2M Loan for Skyline Development and Vasco Ventures.
Ted Jackson
By: Ted Jackson

JBA and Agile Capital Arrange $63M Loan for Skyline Development and Vasco Ventures

JBA Equities and Agile Capital Partners have arranged a $63.2 million loan for Skyline Development and Vasco Ventures. 

The partnership secured the financing from Invictus Real Estate Partners to recapitalize the 91,000 square feet of remaining inventory at Solaia Condominiums, located at 8701 Churchill Road in North Bergen, New Jersey.  

JBA Equities’ Jonathan Aghravi and Eli Terry, together with Agile Capital Partners’ President Noam Katz and colleague Michael Rothstein, arranged the debt.  

“Skyline Development is an expert at developing luxury residential product with best-in-class amenities. They have years of experience on New Jersey’s Gold Coast.” said Chris Pardo, Managing Partner of Invictus Real Estate Partners. 

Located cliffside on the Hudson River waterfront, all of the 70 residences have water and Manhattan skyline views.

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JBA EquitiesAgile Capital Partners

About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.
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