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

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

by Joshua Burd | Mar 31, 2022

Built by The Hampshire Cos., Claremont Development and Circle Squared Alternative Investments, Rivet and Rivet 26 include a combined 362 apartments within the master-planned University Place neighborhood in Jersey City. — Courtesy: JLL By Joshua Burd A joint venture...
Development team nears completion of 199-unit rental project, its latest in Jersey City

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

by Joshua Burd | May 18, 2021

A model unit at Rivet 26, a 199-unit luxury apartment building at 26 University Place Blvd. in Jersey City — Courtesy: The Hampshire Cos. By Joshua Burd An investment group is eyeing the debut of 199 new luxury apartments on Jersey City’s west side, marking the latest...
Joint venture eyes spring 2020 groundbreaking for ShopRite in Jersey City

Joint venture eyes spring 2020 groundbreaking for ShopRite in Jersey City

by Joshua Burd | Jul 30, 2019

A rendering of a new Inserra ShopRite at University Place and Route 440 in Jersey City — Courtesy: Crossroads Cos. LLC By Joshua Burd 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...
Claremont, turning its focus to development, will merge construction business with Buffalo firm

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

by Joshua Burd | Jun 26, 2019

From left: Claremont Cos. Principal Stephen Sciaretta, Arc Building Partners CEO and President Frank Ciminelli II and Claremont Cos. Principal Don Sciaretta. — Courtesy: Claremont/Arc Building Partners By Joshua Burd Claremont Cos., a Far Hills-based developer and...
Retailers ink 9,500 sq. ft. at new Jersey City rental project

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

by Joshua Burd | Apr 3, 2019

A rendering of block 3 of University Place, a master-planned, mixed-use project underway on the west side of Jersey City — Courtesy: The Hampshire Cos./Marchetto Higgins Stieve Architects By Joshua Burd Five retailers have combined to lease nearly 10,000 square feet...
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