Progress Capital sources $14 million refi loan for new Journal Square apartments

The owner of a new 79-unit apartment building in Jersey City has refinanced the property for $14 million, according to a debt placement team with Progress Capital.

Developer buys mixed-use Jersey City site, Marcus says

A developer has acquired a 9,400-square-foot mixed-use property in Jersey City, brokers said Wednesday, touting the site as an opportunity for new multifamily construction.