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.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.