SURFHOUSE Asbury Park
SURFHOUSE Asbury Park has also raised $21 million through crowdfunding. SURHOUSE Asbury Park is located in the Asbury Park Waterfront Redevelopment Area. Image courtesy of JLL A venture led by Starfield Cos. , formed after the merger of iStar and Safehold , has secured an $80 million senior construction loan for SURFHOUSE Asbury Park, a 226-unit multifamily project in Asbury Park, N.J. Unity Capital provided the financing, which was arranged by JLL Capital Markets . Additionally, the developer has raised $21 million in equity on CrowdStreet . Partners in the project include architecture firm Lessard Design and interior designer Fogarty Finger . The community is expected to come online by the summer of 2025. The six-story project will feature a variety of floorplans, from studio apartments to three-bedroom layouts, ranging from 700 to 1,200 square feet, along with some 3,500 square feet of retail space a...