Fortress Investment Group, Rithm Capital provide construction financing
Kushner Companies has been razing zombie stores at New Jersey’s Monmouth Mall. Now, the firm has the financing to raise the property back from the dead.
Fortress Investment Group and Rithm Capital provided $415 million in financing for Kushner’s project in Eatontown, the company announced on Tuesday. Kushner broke ground on the redevelopment, dubbed Monmouth Square, in May.
https://therealdeal.com/new-york/tristate/2024/09/03/kushner-scores-415m-for-monmouth-mall-redevelopment/: Kushner scores $415M for Monmouth Mall redevelopment