Developer nabs $95 million construction loan for 300-unit rental project in Jersey City

A developer is set to break ground on 300 luxury apartments in Jersey City after securing a $95 million construction loan for the project, in a transaction arranged by The Carlton Group.

NRP, Hoboken Brownstone open 131 luxury apartments in Jersey City

A joint venture has completed a new 131-unit luxury apartment building in Jersey City, marking the latest addition to a growing residential neighborhood near the Holland Tunnel.

Investor buys nearly complete, 40-unit rental building in Jersey City for $16 million

An investment group has expanded its holdings in Jersey City with the acquisition of a new boutique apartment building that is in the final stages of construction.

Fast-growing Jersey City tech firm shows need, potential for post-pandemic office space

The look, feel and function of the post-pandemic workplace is still uncertain, but a technology firm’s recent expansion in Jersey City is a reminder of why companies will still need office space going forward.

Greystone: MBC inks $30 million construction loan to kick off Jersey City redevelopment

A developer has landed a $30 million construction loan for an 80-unit apartment building in Jersey City, according to a debt placement team with Greystone.

Jersey City building with urgent care, apartments fetches $6.6 million

Marcus & Millichap has negotiated the $6.6 million sale of a 6,150-square-foot mixed-use property at 340 Grove St. in Jersey City.

Joint venture marks latest milestone at new West Side rentals in Jersey City

The developers of a new luxury apartment building on Jersey City’s West Side are touting continued momentum after recently debuting another 68 units at the property.

On the money

I’ve spent a decade watching Devco tackle some of the state’s largest, most ambitious redevelopment projects with complex capital stacks and broad coalitions of stakeholders. It’s a topic that we feature in this month’s cover story, which follows a year in which the organization broke ground on more than $1.5 billion worth of development. That makes it all the more timely for us to highlight an operation that is seemingly unlike any other developer in New Jersey.

Thor leases another 12,000 sq. ft. at lab-ready Jersey City life sciences building

A company that develops meat from cultured animal cells has become the second tenant to lease space at a newly repurposed, lab-ready building in Jersey City.

JLL inks $65 million construction loan for 337-unit rental project in Jersey City

A developer has secured a $65 million construction loan for a new 337-unit luxury apartment building in Jersey City’s West Side neighborhood, brokers with JLL announced Tuesday.