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Parkview funds $61M loan for Gold Coast development

Parkview Financial has provided a $61 million loan to Chinese developer Hongkun USA to fund the predevelopment and entitlement process for a luxury, mixed-use project along New Jerseyโ€™s Gold Coast. Hongkun is developing a 282-unit property on the last developable parcel within the Port Imperial community, a $3 billion mixed-use, master-planned waterfront project that stretches two-and-a-half miles along the Hudson River and includes two Marriott-branded hotels. The Beijing-based developer pai...
New York United States Hudson River Paul Rahimian Alexander Shing Cottonwood Group Parkview Financial

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