
JV Seeks $200M for NJ Condo Construction
A joint venture between W&L Group and Windfall Group, is seeking a $200 million construction loan for a luxury waterfront condominium project in Weehawken, NJ.
The project, known as 1800 Avenue, will feature 282 luxury waterfront units along with amenities like pools, a fitness center, a basketball court, a golf simulator, a private screening room, and more.
Colliers’ New York Capital Markets group is advising on the financing with a team led by Peter Nicoletti, Dylan Kane, Zach Redding, and Andrew Jacobs. The JV acquired the site from the prior developer and resolved a loan issue to put the project on track for construction later this year.
- ◦Sale/Acquisition