JLL: Hornrock, GTIS close $115 million refi for new 389-unit Hackensack rental project

A joint venture has snagged $115 million in financing for a new two-phase, 389-unit multifamily development in downtown Hackensack, in a newly announced deal by JLL.

BNE lands $103 million refi for new 245-unit Chatham rental property, JLL says

BNE Real Estate Group has secured a $103 million loan to refinance its recently opened, 245-unit luxury apartment property in Chatham, brokers with JLL announced Wednesday.

J.P. Morgan secures $45 million refi of 1.1 million sq. ft. Poconos warehouse, C&W says

An investment group has landed $45 million to refinance a nearly 1.1 million-square-foot industrial building in Pennsylvania’s Poconos region, about 25 miles outside New Jersey, in a deal arranged by Cushman & Wakefield.

Prism breaks ground on 232-unit rental project at Woodbridge train station

Construction is underway at the former site of an auto dealership in downtown Woodbridge, where Prism Capital Partners is building 232 apartments and ground-floor retail space.

SJP hits 60 percent leasing milestone at second Fort Lee rental tower

SJP Properties is touting a leasing milestone at the second of two 47-story residential towers in Fort Lee, part of a high-profile redevelopment at the foot of the George Washington Bridge.

SJP, local officials hail completion of second luxury tower in Fort Lee (SLIDESHOW)

A joint venture led by SJP Properties has formally unveiled its second 47-story apartment tower in Fort Lee, where local officials are hailing the project as a milestone decades in the making.

SLIDESHOW: SJP unveils The Modern phase two

SJP Properties, Northwestern Mutual Life Insurance Co. and PGIM Real Estate recently hosted a ribbon-cutting ceremony at phase two of The Modern, a 900-unit luxury residential project at the base of the George Washington Bridge in Fort Lee.

SJP launches leasing at second Fort Lee residential tower

SJP Properties is set to open its second 47-story residential tower at the foot of the George Washington Bridge, as it nears the completion of a high-profile redevelopment project in Fort Lee.