Veris buys out Ironstate, consolidates ownership of Jersey City Urby in $39 million deal

Veris Residential Inc. is now the sole owner of a distinctive 762-unit apartment tower in Jersey City after acquiring Ironstate Holdings’ 15 percent stake in the building.

Connell Foley LLP

With nearly 40 attorneys practicing in our Real Estate and Land Use Group, Connell Foley has the depth and experience to represent the full range of businesses and individuals with commercial real estate interests in New Jersey. From major national developers to financial institutions, private investment funds, public entities and business owners, our clients are sophisticated real estate investors who possess stakes in a wide variety of property types. We devise tailored plans, navigate regulatory hurdles and facilitate the successful completion of our clients’ projects, which include some of the most exciting and unique development opportunities in today’s real estate world.

Large blocks hit New Jersey office market in Q1, outpacing leasing volume as availability grows

The rate of available office space in New Jersey ticked upward in the first quarter, thanks to several large blocks hitting the market and what brokerage firms say was modest leasing activity.

Tishman Speyer lands $331 million loan for 924-unit second phase of Jersey City project

Tishman Speyer has secured a $331 million construction loan for a 924-unit apartment tower in Jersey City, the second piece of a two-phase development along the Hudson River.

Leases by cannabis, ice cream shops among newest New Jersey deals by Zoltek

A new cannabis dispensary is coming to Hudson County after a lease in Jersey City’s Heights section, in one of several recent deals by Zoltek Commercial Real Estate Services.

C&W: Legacy owners sell 519-unit apartment portfolio in Bergen, Hudson for $94 million

A family ownership group has sold a 519-unit apartment portfolio in Bergen and Hudson counties for $94 million, in a deal arranged by Cushman & Wakefield.

Alpine Residential tops out 500-unit ‘Scholars Village’ at Jersey City’s Liberty Science Center

Alpine Residential has completed vertical construction for Scholars Village, a project that will bring 500 apartments to the high-profile SciTech Scity development in Jersey City.

Exchange Place Alliance seeking broader impact in Jersey City with newly expanded special improvement district

The special improvement district that has helped beautify, activate and maintain a large stretch of the Hudson waterfront in Jersey City in recent years has just gotten bigger — and a host of downtown property owners are now poised to reap the benefits.

Owning the space: As New Jersey’s luxury housing boom continues, The Marketing Directors remains a dominant force and a key player

The Marketing Directors has become all but ubiquitous in the luxury apartment boom in Jersey City and New Jersey’s other top markets, allowing it to grow well beyond its New York City roots. It’s done so by not only providing its flagship sales and leasing services but playing an essential role for its clients during site acquisition, design and other phases of development.

Hekemian Group inks financing package for 465-unit Jersey City rental project, JLL says

The Hekemian Group has secured financing from multiple lenders for a planned 465-unit luxury apartment property in Jersey City, brokers with JLL announced Tuesday.