W&D: PRC refinances new 162-unit Bayonne rental property for $36 million

The PRC Group has snagged $36 million in financing for a new 162-unit luxury apartment complex in Bayonne, in a deal arranged by Walker & Dunlop.

PRC, Circle Squared eye debut of second phase of 162-unit Bayonne apartment project

PRC Group is set to unveil the second of two new luxury apartment buildings in Bayonne after a rapid lease-up of its first phase.

NJCU joins public officials, PRC Group to open new location at Fort Monmouth

New Jersey City University has unveiled its new location at Fort Monmouth, in another key addition to the historic U.S. Army base and an expansion of higher education in the area.

PRC Group’s Kaye gifts $1 million to NJCU performing arts project

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.

PRC Group, local officials working to advance long-awaited redevelopment in Hightstown

PRC Group is moving ahead with a plan to transform a historic former rug mill complex in Hightstown, where it hopes to build 386 luxury apartments and townhomes through both ground-up construction and the adaptive reuse of two large industrial buildings.

Jersey City rental projects secure $22.5 million under EB-5 program

A federal agency has approved a $22.5 million loan under the EB-5 visa program that will support part of a plan to bring new apartments and retail space to Jersey City’s west side.

Developers eye fall opening for 144-unit project at NJCU site in Jersey City

A joint venture is marching toward a fall opening for 144 new apartments on the west side of Jersey City, the latest piece of a plan to reshape the campus of New Jersey City University.

Developers, NJCU hail ‘game-changing’ project in Jersey City (SLIDESHOW)

The first of five mixed-use projects that will transform the campus of New Jersey City University has opened its doors on the west side of Jersey City.

Murphy, lawmakers restore and expand public-private partnership law

Gov. Phil Murphy has signed legislation to allow developers to partner with government entities for projects on publicly owned land, reviving and expanding a popular law that has helped reshape several of the state’s college campuses in recent years.

Koreyva joins PRC Group as COO

PRC Group has hired a familiar face and a well-known banking executive in New Jersey as its new chief executive.