Civitas Capital Group Successfully Repaid for Hudson Exchange Development in New Jersey
Successful Repayment of the Hudson Exchange Loan
Civitas Capital Group has made a substantial announcement regarding the Hudson Exchange real estate project located in Jersey City, New Jersey. On January 30, 2025, the Dallas-based investment manager revealed that it has successfully received repayment on its mezzanine loan extended to Brookfield Corporation (previously known as Forest City Realty). This loan was critical for the development of the Hudson Exchange, a Class A mixed-use property that has become a keystone in the revitalization of the area.
Project Overview
The Hudson Exchange project is noteworthy for its dual-tower construction that began in 2015 and officially opened its doors to tenants in 2017. The first completed section consists of 421 residential units, while a neighboring tower, containing 432 units, quickly followed suit. The completion of this project has significantly contributed to the skyline of Jersey City and facilitated increased economic activity in the surrounding region.
Moreover, the master plan for the Hudson Exchange site isn't resting on its laurels. Construction efforts have started for a further expansion known as
Topics Other）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.