West Side Square

Our hardworking crew at West Side Square have been making significant strides every day. ?? Here are some impressive updates: - 96-103 crew members are on-site each day, ensuring every detail is taken care of. - We've poured approximately 13,500 yards of concrete to date, reaching the 60% completion mark. - The exterior foundation walls are nearing completion. Occupancy at West Side Square is slated to be completed in 2027! To learn more about West Side Square, visit https://lnkd.in/gkBSnC5B. #NJRE #NewJerseyRealEstate #NYRE #JerseyCity #NewJersey #RealEstateDevelopment

Raphael Mandelbaum, Real Estate Developer Jessica Petraccoro Nori Stevens LanTree Developments Altree Developments

West Side Square Development Fund on Wednesday said it entered into a loan agreement in the amount of $169.3 million through a variety of entities in its capacity as administrative agent on behalf of the lenders. The entities are Avenir West Side Square, BPT WSS Funding LLC, Lexington EV Marion LLC, Lexington SI3 Marion LLC and BPSJ Marion LLC as well as BPT WSS Funding LLC. The maturity date of the loan is June 30, 2027; however, the West Side Square Development Fund has the option to request two 6-month extensions of the term of the Loan (Dec. 31, 2027, or June 30, 2028, respectively), subject to the satisfaction of certain conditions under the loan agreement. Read more: https://lnkd.in/ejnJ3cEH

We're excited to share that West Side Square has secured construction financing from a group of lenders led by Bravo Capital! ? Having just launched and closed the West Side Square Development Fund IPO in Q4 2023, securing the construction financing is a significant milestone for West Side Square as we continue to advance this development in Jersey City. ? We are honoured to partner with the renowned team at Bravo Capital, a leading private lender based in New York City. ? Located in the Journal Square neighbourhood of Jersey City, New Jersey, West Side Square will add 477 rental units, and 9,800 square feet of commercial space to the community. The project is located in close proximity to the Journal Square Transportation Center, which is an approximate 13-minute train ride to the Financial District in Manhattan; as well as Mana Contemporary, an expansive arts centre featuring the world's largest collection of Andy Warhol pieces. To read more, visit https://lnkd.in/gSgW8Qjx LanTree Developments The Real Deal NJBIZ Real Estate NJ #NJ #NewJersey #NJRealEstate #JerseyCity #RealEstateDevelopment #RealEstate #Rental #RentalBuilding

Big “pour” today. Concrete, that is. Thank G-d for good progress!! #jerseycity #westaidesquare #realestatedevelopment

Great progress! Every day we are rising up further.

Going up!! Altree Developments #jerseycity #realestatedeveloper #realestate

Highlights from our Groundbreaking! Raphael Mandelbaum, Real Estate Developer Jessica Petraccoro, CAM Nori Stevens Altree Developments Lanterra Developments Ltd. LanTree Developments Westdale Properties

TapInto.net posted a great article about our Ground Breaking last week LanTree Developments Altree Developments Lanterra Developments Ltd. Westdale Properties Raphael Mandelbaum, Real Estate Developer Jessica Petraccoro, CAM Nori Stevens

WMBC TV 63 Video coverage from our Groundbreaking event last week for our long awaited project! LanTree Developments Lanterra Developments Ltd. Altree Developments Raphael Mandelbaum, Real Estate Developer Jessica Petraccoro, CAM Nori Stevens