JLL: Developers ink $105 million loan for 362-unit Jersey City rental portfolio

A joint venture has secured $105 million to refinance a two-building, 362-unit multifamily portfolio in Jersey City’s burgeoning West Side neighborhood, in a deal arranged by JLL.

Development team nears completion of 199-unit rental project, its latest in Jersey City

An investment group is eyeing the debut of 199 new luxury apartments on Jersey City’s west side, marking the latest piece of the master-planned neighborhood known as University Place.

Joint venture eyes spring 2020 groundbreaking for ShopRite in Jersey City

A development group is moving ahead with plans for a new ShopRite on the west side of Jersey City, as part of an ongoing plan to expand the campus of New Jersey City University.

Claremont, turning its focus to development, will merge construction business with Buffalo firm

Claremont Cos., a Far Hills-based developer and general contractor, is handing off its construction business to a new partner in order to focus on its own fast-growing pipeline.

Retailers ink 9,500 sq. ft. at new Jersey City rental project

Five retailers have combined to lease nearly 10,000 square feet on the ground floor of a newly built, 163-unit luxury apartment building 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.

Developers launch leasing at Jersey City rental project (SLIDESHOW)

A joint venture is set to deliver 163 new apartments on the west side of Jersey City, the latest piece of a master-planned project around the campus of New Jersey City University.