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New York & Tri-State  + New Jersey  + Apartments  | 

Jersey City Multi-Housing Project Lands $193M Financing 

Panepinto Properties has landed a $193 million non-recourse construction loan for Pathside, a luxury apartment complex in Jersey City, New Jersey. Pacific Life provided the five-year, floating-rate loan. 

The 605-unit building, expected to be completed by Q2 2026, will offer a range of studio to three-bedroom units, averaging 710 square feet, along with ground-floor commercial space.  

The JLL Capital Markets Debt Advisory team JLL worked on behalf of the borrower with a team led by Thomas R. Didio, Thomas E. Didio, Jr., Gerard Quinn and Salvatore Buzzerio. 


Inside The Story

Thomas E. Didio, Jr.

About Emily Fu

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.

  • ◦Financing
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