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Harrison Riverbend District lands $173.4M construction loan

Source: NJBiz · Jul 31, 2026, 1:36 PM

AI-assisted briefing from the publisher’s public headline and excerpt — not original reporting. How we write briefings

Harrison Riverbend District lands $173.4M construction loan news image

Advance Realty Investors has secured a $173.4 million construction loan for the Harrison Riverbend District project, with assistance from Cushman & Wakefield.

The mixed-use development will add 524 apartments to the district, located near the local PATH station in Harrison. This financing milestone represents a significant investment in the Hudson County waterfront community and reflects continued development activity in the region's transit-oriented neighborhoods.

Key points

  • $173.4 million construction loan secured for Harrison Riverbend District development
  • Project will deliver 524 new apartments near PATH transit station
  • Cushman & Wakefield arranged the financing for Advance Realty Investors
  • Development positioned to capitalize on transit accessibility in Harrison

FAQ

What is the Harrison Riverbend District?
The Harrison Riverbend District is a mixed-use development project in Harrison, New Jersey, that will include 524 new apartments. The project is strategically located near the local PATH station, making it a transit-oriented development designed to serve the Hudson County area.
How much funding was secured for this project?
Advance Realty Investors secured a $173.4 million construction loan to finance the development of the Riverbend District. Cushman & Wakefield, a major real estate services firm, helped facilitate this financing.
Why is proximity to the PATH station important?
The PATH station proximity makes this development attractive for commuters traveling to Newark, Jersey City, and Manhattan. Transit-oriented developments near major transit hubs typically attract more residents and support walkable urban neighborhoods.

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