Commercial real estate finance firm PCCP has closed a $162 million senior construction loan in connection with the planned 16-story, 345-unit Urby apartment building in Hoboken.
Renters have snapped up more than 50 percent of a new 336-unit luxury apartment building in Jersey City, where a development team launched leasing this past spring.
A new luxury apartment building is hitting the market in Jersey City, bringing another 336 units to a former industrial area that’s now a burgeoning residential neighborhood.