JLL: Joint venture refinances two-building, 335-unit apartment portfolio in Rahway

A partnership has refinanced a two-building, 335-unit luxury apartment portfolio in Rahway, in a deal arranged by JLL’s New Jersey capital markets team.

Leasing teams turn to virtual tours, platforms to lure renters during stay-at-home order

In-person tours have been curtailed and lease numbers are down, but virtual tours are helping luxury apartment buildings bring in renters in this time of social distancing. The virtual elements are so useful, in fact, that building representatives said they’ll keep using them after the coronavirus crisis is over.

Developers break ground on 219-unit apartment project in Rahway

AST Development Corp. and Sterling Properties are partnering on another project in Rahway, where they’ve started construction on more than 200 new luxury apartments.