Edgewater Waterfront Development Phase 1 Construction Loan

Deal value: $255 Million (Phase 1 Loan)

Securing a $255 million construction loan for the first phase of a landmark $1 billion mixed-use development at 615 River Road. The project will include a public ferry terminal, creating a transit-accessible community on the Hudson River.

To capitalize on the scarcity of prime, developable waterfront land in the immediate NYC metro area and meet the persistent demand for luxury, high-amenity multifamily housing that offers a direct, private transit connection (ferry terminal) to Manhattan job centers.