The owner of nearly 1,900 garden-style apartments in northern and central New Jersey has closed on $296 million in financing for the portfolio, brokers with JLL announced.
The owner of a two-building, 360-unit luxury apartment complex in Hackensack has refinanced the property for $96 million, according to a debt placement team with CBRE.
The new owner of a 158-unit luxury apartment building in Belleville has closed on $35.5 million in permanent financing for the asset, brokers with CBRE announced Monday.
Tower Management Service has secured $62 million in financing for a multistate, 541-unit apartment portfolio that includes four New Jersey properties, in a deal arranged by JLL.
Hudson Valley Property Group has acquired a 170-unit multifamily complex in Asbury Park, expanding a portfolio that now includes nearly 30 properties in the state.
G.S. Wilcox & Co. has arranged nearly $25.3 million in financing for a 296-unit multifamily property in North Carolina, the Morristown-based mortgage banker announced recently.
A long-term family ownership group has sold a 75-unit garden apartment portfolio in Union County for $12 million, in a newly announced deal by The Kislak Co. Inc.
Alpine Residential has secured more than $81 million in financing for two of its newly delivered apartment buildings in Jersey City, brokers with JLL announced Tuesday.
Construction is underway on a project that will expand the footprint of The Newark Museum of Art, infusing the property with new mixed-income housing and public and exhibitions spaces.
Construction is set to begin on a long-awaited expansion of the New Jersey Performing Arts Center’s campus in Newark, part of a $336 million project that will bring 350 new apartments, office and retail space and a 58,000-square-foot arts education and community center.
