Finance & Capital Markets
JLL investment sales team touts $4.4 billion in transactions across 90 deals in 2025

JLL’s Morristown-based investment sales team is celebrating another banner year, having closed some $4.4 billion in transactions in 2025.

Retail
Electronics repair, cell phone retailer expands to Jersey City with new lease, Cervelli says

An electronics repair and cell phone business has leased 1,700 square feet of retail space in Jersey City, in a deal arranged by Cervelli Real Estate & Property Management.

Finance & Capital Markets
URSA, Fields Grade ink $150 million loan for 336-unit Jersey City project, BlueGate says

A joint venture has secured $150 million in permanent financing for a new 336-unit multifamily property in Jersey City, in a newly announced deal by BlueGate Partners.

Government & Public Policy
Looking back: Fulop, outgoing Jersey City mayor, reflects on policies behind historic development boom, affordability push

With his time as mayor winding down, Steve Fulop feels Jersey City is better off after 12 years of pro-growth policies and a historic development boom that spread beyond the downtown and waterfront areas. He also acknowledged that the city and the region still face an affordability crisis and an undersupply of housing, issues that his successor will confront in the years ahead.

Government & Public Policy
Fulop urges Solomon to embrace growth, leave ‘comfort zone’ as Jersey City’s next mayor

Outgoing Jersey City Mayor Steve Fulop called on his successor, James Solomon, to be pragmatic about development and affordability as he moves ahead, following a campaign that was decidedly anti-development and stoked uncertainty in the private sector.

Government & Public Policy
Steps taken: Fulop proud of record on affordability, but knows there’s more to be done in Jersey City

Jersey City Mayor Steven Fulop has been unabashedly pro-growth during his 12 years in office. That’s clear from the city’s ever-changing skyline, but even he concedes that new development has overshadowed efforts to improve housing affordability.

Residential & Mixed Use
GN Management buys Panepinto interest, development rights for 579-unit tower at Harborside 9

Panepinto Properties has sold one of two newly acquired development sites in Jersey City to GN Management, a fellow real estate firm based in the city, setting the stage for the latter to build a 57-story, 579-unit apartment tower alongside another planned high-rise.

Office
Bank of America eyes late 2026 completion of new 548,000 sq. ft. office space in Jersey City

Bank of America’s future home in Jersey City is taking shape, with construction well underway on the new 548,000-square-foot office space that could open starting next summer.

Finance & Capital Markets
JLL: Panepinto, AJD ink $384 million in debt, equity for 678-unit Jersey City rental project

Developers are planning an early 2026 groundbreaking for a new 678-unit apartment tower in Jersey City after landing $384 million in capital for the project, brokers with JLL said Tuesday.

Finance & Capital Markets
Alpine snags $72 million refi loan for new 201-unit Jersey City rental property, JLL says

Alpine Residential has landed nearly $72 million in permanent financing for a portfolio of 201 newly built apartments in Jersey City’s Bergen-Lafayette section.