Arnold & Porter Advises Affinius and BH3 in $390M Construction Financing
September 24, 2026
Arnold & Porter recently advised Affinius Capital LLC and BH3 Fund Advisors, LLC in the origination of a $310 million senior construction loan and an $80 million mezzanine loan, respectively, to Namdar Group.
The $390 million construction financing will be used for Park Tower, a 1,049-unit, 47-story multifamily development in Jersey City, New Jersey. The Jersey City Planning Board has approved the development.
The Arnold & Porter team was led by partners Steve Gliatta and Louis Hait, senior associate Gabrielle Raskin, and associate Rebecca Meisler.
