Hartz Mountain, Maxal Group secure $100m for New Jersey resi scheme

10 December 2019

Hartz Mountain Industries and the Maxal Group secured a $100m loan for Harbor 1500, a 236-unit apartment complex that was recently completed in Weehawken, New Jersey. Amenities include a rooftop pool, spa, fitness center, yoga studios, children’s playroom and screening room. Sitting on a pier that juts out from the Hudson River waterfront, the property was formerly an office building and pier that also provided warehousing and distribution services.