A first-time multifamily builder has landed nearly $8 million in financing for a 25-unit project in The Heights section of Jersey City, under a deal arranged by Cronheim Mortgage.
Thor Equities has started construction in its plan to overhaul a 350,000-square-foot building in Jersey City, where it aims to create “lab-ready” space that will attract life sciences users.
A nearly $7 million upgrade is coming to a key pedestrian plaza in downtown Jersey City, the latest in a series of streetscape improvements announced by local officials.
A development group has leased more than three-quarters of a new 137-unit luxury apartment building in Jersey City, thanks in part to a post-holiday surge in renter demand.
Longtime developer Robert M. Kaye has gifted $1 million to New Jersey City University, providing additional support for the school’s planned performing arts complex in Jersey City.
The owner of a historic loft office building in Jersey City has unveiled plans to renovate the property, where it recently secured two new tenants for more than 13,000 square feet.
Gebroe-Hammer Associates is hailing the completion of some $1.3 billion in transaction volume in 2020, defying the pandemic and showing the strength of the multifamily sector.
