{"id":289461,"date":"2026-07-07T18:47:59","date_gmt":"2026-07-07T18:47:59","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/289461\/"},"modified":"2026-07-07T18:47:59","modified_gmt":"2026-07-07T18:47:59","slug":"bravo-property-trust-lends-68m-on-new-jersey-waterfront-apartments-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/289461\/","title":{"rendered":"Bravo Property Trust Lends $68M on New Jersey Waterfront Apartments \u2013 Commercial Observer"},"content":{"rendered":"<p><a href=\"https:\/\/commercialobserver.com\/company\/skyrock-capital\/\" title=\"Skyrock Capital\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Skyrock Capital<\/a> has landed $68 million of construction financing for the development of a luxury waterfront multifamily project in Bayonne, N.J., Commercial Observer has learned.<\/p>\n<p>Bravo Property Trust supplied the loan for Skyrock\u2019s planned 180-unit Bayonne Luxury Waterwalk apartment development. Elan Goldberg, co-head of originations at Bravo, originated the debt.\u00a0<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2026\/07\/berkadia-blake-okland-cushman-wakefield\/\" rel=\"nofollow noopener\" target=\"_blank\">Berkadia Hires C&amp;W\u2019s Blake Okland as Chief Revenue Officer<\/a><\/p>\n<p>\u201cBayonne\u2019s waterfront is attracting serious long-term investment, and\u00a0 we were proud to give this sponsor the certainty to build,\u201d Aaron Krawitz, CEO of <a href=\"https:\/\/commercialobserver.com\/company\/bravo-property-trust\/\" title=\"Bravo Property Trust\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Bravo Property Trust<\/a>, said in a statement.\u00a0<\/p>\n<p>Skyrock, under the entity Bayonne Luxury Waterwalk, acquired the 2.3-acre waterfront site along Newark Bay at 219 West Fifth Street for $4.55 million in 2019, Jersey Digs previously <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/jerseydigs.com\/bayonne-luxury-waterwalk-219-west-5th-st\/\">reported<\/a>. Two floors of the six-story building will be utilized for parking with the property featuring amenities that include a swimming pool and fitness center, according to Jersey Digs.<\/p>\n<p>Skyrock Capital did not immediately return a request for comment.<\/p>\n<p>Andrew Coen can be reached at <a href=\"https:\/\/commercialobserver.com\/2026\/07\/bravo-property-trust-bayonne-new-jersey-apartments\/mailto:acoen@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">acoen@commercialobserver.com<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Skyrock Capital has landed $68 million of construction financing for the development of a luxury waterfront multifamily project&hellip;\n","protected":false},"author":2,"featured_media":289462,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[110647,110648,9,24,63,134,136,135],"class_list":["post-289461","post","type-post","status-publish","format-standard","has-post-thumbnail","category-staten-island","tag-aaron-krawitz","tag-elan-goldberg","tag-new-york","tag-new-york-city","tag-nyc","tag-staten-island","tag-staten-island-headlines","tag-staten-island-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/289461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=289461"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/289461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/289462"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=289461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=289461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=289461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}