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for New Luxury Condo Project NJ MF Development Secures $80 Million for New Luxury Condo Project

for New Luxury Condo Project NJ MF Development Secures $80 Million for New Luxury Condo Project

Starfield Companies has successfully secured an $80 million construction loan for SURFHOUSE Asbury Park, a waterfront multi-housing development in New Jersey. The venture obtained the loan from Unity Capital and raised an additional $21 million through equity financing on CrowdStreet.

Located in a prime opportunity zone, this six-story building will feature 226 units with various floor plans including studio apartments, three-bedroom layouts, and rental townhomes. Residents can enjoy luxurious amenities such as a rooftop fire pit with stunning ocean views, an amenity deck, pool access, resident lounge area and fitness studio. The community will also include 3

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