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.
Veris Residential Inc. has landed a $340 million Freddie Mac loan for its recently completed, 750-unit apartment tower in downtown Jersey City, according to published reports.
The owner of the nearly 1,200-unit apartment complex known as The Beacon in Jersey City has snagged more than $257 million in financing, brokers with Cushman & Wakefield announced.
The owner of a 287-unit apartment portfolio in Essex County has refinanced for more than $39 million, Greystone said, securing the debt under Freddie Mac’s Small Balance Loans program.
An investment group has acquired more than 5,300 apartments in the state for a combined $1.05 billion, in a transaction that spans 14 cities in northern, central and southern New Jersey.
Greystone has closed nearly $50 million in financing to the buyer of a 484-unit garden apartment complex in Camden County, the commercial real estate lender announced.