Corporate Campus Starts Multifamily Makeover in NJ
The new community is located on a 20-acre site initially occupied by office and research and development space.
Source: multihousingnews.com
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JLL arranges $57.5M financing for new Englewood multi-housing property
JLL Capital Markets arranged $57.5 million financing for EVO, a new multi-housing luxury offering in downtown Englewood.
Source: njbiz.com
JLL Capital Markets Arranges $105 Million Refinance Loan for 362-Unit Apartment Community in Jersey City's West Side
MORRISTOWN, NJ – JLL Capital Markets announced that it has arranged $105 million in refinancing for Rivet and Rivet 26, a two-building, 362-unit, luxury multi-housing community located in Jersey City’s West Side neighborhood. JLL worked on behalf of the borrower, a joint venture with The Hampshire Companies, Claremont Development and Circle Squared, to secure a two-year, non-recourse, floating-rate loan through Franklin BSP Realty Trust, Inc. Rivet and Rivet 26 feature studio,...
Source: multifamilybiz.com
Hillsdale NJ council approves changes to redevelopment plan
In an initial vote, self-storage units were permitted to be built on the site, and the maximum number of residential units was reduced.
Source: northjersey.com
JLL: Jersey City's Rivet community secures $105M in refinancing
JLL Capital Markets arranged $105 million in refinancing for Rivet and Rivet 26 — a two-building multi-housing community with 362 units.
Source: njbiz.com