The owner of a 568-unit apartment portfolio in Bound Brook and Hackensack has recapitalized the properties for $29 million, according to an advisory team with Berkadia.
Veris Residential Inc. and Woodmont Properties have sold a 59-unit luxury apartment building in downtown Morristown, in a deal announced by Gebroe-Hammer Associates and Berkadia.
Regan Development Corp. has opened a new 85-unit apartment building in Little Ferry that will provide affordable housing for seniors and residents with special needs.
