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With $210 million in financing secured, construction has started on 1800 Avenue at Port Imperial, a 282-unit luxury waterfront condominium development in Weehawken, N.J. The project is slated for completion in summer 2026.

WHK Waterfront Urban Renewal received a total of $210 million in construction funding from Benefit Street Partners. The credit-focused alternative asset management firm provided a senior loan totaling $157.5 million and a mezzanine loan totaling 52.5 million to the developers of the $313.2 million project.