Lorimer Capital Lends $63M on Jersey City’s Arts & Powerhouse Building

A historic industrial warehouse turned commercial hub in Jersey City, N.J., has landed a $63 million loan to stabilize the property and whip up new leases. Lorimer Capital provided the bridge loan for the 118,660-square-foot Arts & Powerhouse Building at 130 Bay Street, also known as the A&P Building. The recently repositioned asset belongs to […]