KRE Group, Russo secure $71 million loan for 345-unit rental project in Morris County

Kushner Real Estate Group and Russo Development have broken ground on 345 luxury apartments in Morris County, having secured a $71 million construction loan for the project.

Russo touts fast start at newest multifamily project in Kearny

Russo Development is hailing continued success in Kearny, having leased 20 percent of its latest luxury apartment complex in the municipality.

Developers break ground in Hackensack, eyeing transformation of ex-Record site

A development team has completed the foundation for a luxury residential project in Hackensack, paving the way for a first phase that will include more than 270 apartments.

CVS opens at Russo’s sprawling mixed-use project in Union

CVS Pharmacy has opened its doors at Russo Development’s new mixed-use property in Union, joining several other retailers serving hundreds of new apartments and Kean University.

C&W inks sale of Woodbridge redevelopment site to Russo, Onyx

Russo Development and Onyx Equities have closed on a 21-acre parcel in Woodbridge, clearing the way for a project that will add 376 apartments and new retail space to the township.

How will COVID-19 impact multifamily design or operations?

How will COVID-19 impact multifamily design or operations? We assembled a panel of industry experts to tackle this month’s question.

Joint venture lands $49 million loan for luxury rental project in Hackensack, JLL says

A development group has secured a nearly $49 million construction loan for a 271-unit luxury apartment building in Hackensack, under a newly announced transaction by JLL.

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McCarter extends 117,000 sq. ft. lease at Newark’s Gateway complex, Onyx says

One of the state’s largest law firms has extended its nearly 120,000-square-foot lease at Newark’s Gateway complex, whose ownership is planning a sweeping upgrade and expansion.

Russo launches virtual tours at Union rental project

With interest still strong at its new luxury rental complex in Union, Russo Development has launched a virtual leasing platform to help maintain that momentum.