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News
Affinius Capital, Axonic Capital Provide $45.8M Construction Loan for 130-Unit Lexington Development
2+ day, 10+ hour ago (347+ words) LEXINGTON, Mass. — Affinius Capital LLC and Axonic Capital LLC have provided a $45.8 million construction loan to finance the ground-up development of a new 130-unit Class A multifamily property at 7 Hartwell Avenue in Lexington. The five-story development is being undertaken by…...
565 Communipaw Ave Jersey City: 21-Unit Project Approved
2+ day, 7+ hour ago (388+ words) A former auto repair garage and Sunoco service station at the corner of Communipaw and Madison avenues in Jersey City's Jackson Hill neighborhood is set to become a five-story building with 21 apartments and street-level retail. The Jersey City Planning Board…...
Five-Story Mixed-Use Development Approved in Jersey City???s Jackson Hill
2+ day, 15+ hour ago (234+ words) The Jersey City Planning Board recently voted to approve a plan to redevelop a former vehicle service station at the corner of Communipaw and Madison Avenues in the city’s Jackson Hill neighborhood. The plan for the site at 565 Communipaw Avenue…...
Newark's 101 Market Street Development Nabs $37 Million Loan
2+ day, 16+ hour ago (316+ words) A redevelopment effort that will transform a series of vacant Newark buildings just obtained a nice chunk of financing as construction looms over the Downtown site. RBH Group recently announced it has received $37 million in financing for its approved Four…...
Jersey City Rent Control Audit Maps 1,700 Buildings
3+ day, 11+ hour ago (147+ words) Before this digitization effort, the information had been locked away from the public. The digitized records are now meant to close that gap. The Office of Landlord/Tenant Relations has already issued over 300 summonses to property owners failing to comply…...
Ann Arbor condo listed at $2.9M offers taste of East Coast urban living
3+ day, 11+ hour ago (62+ words) Crain's Detroit Ann Arbor condo listed at $2.9M offers taste of East Coast urban living The hospital system confirmed it is conducting due diligence on the 1.4 million-square-foot property and engaging outside firms for a feasibility study and cost analysis of the…...
Three-Tower Downtown Jersey City Project With 2,055 Apartments Unveils New Renderings
3+ day, 15+ hour ago (417+ words) An ambitious development that would transform a block-long parking lot in Downtown Jersey City into three high-rises with open space has announced a potential construction timeline as new renderings have been released of the project’s features. Jersey Digs broke the…...
Affinius Capital Provides $310M Construction Loan for Jersey City Multifamily Project
4+ day, 15+ hour ago (217+ words) JERSEY CITY, N.J. — Affinius Capital has provided a $310 million construction loan for Park Tower, a 1,049-unit multifamily project in Jersey City. New York City-based Namdar Group is developing the project, which will be located in the city’s Journal Square neighborhood and…...
Namdar Group Secures $390M for Jersey City Tower
1+ week, 1+ day ago (194+ words) Multifamily & Affordable Housing Business Namdar Group Secures $390M for Jersey City Tower JERSEY CITY, N.J. — New York City-based developer Namdar Group has secured $390 million in financing for Park Tower, a 1,049-unit, transit-oriented, mixed-income development in Jersey City’s Journal Square neighborhood. A start…...
Jersey Heritage Clash As Plans Emerge To Convert Listed Townhouses Into Luxury Flats
5+ day, 22+ hour ago (667+ words) streamlinefeed.co.ke Planning authorities in Jersey are reviewing a contentious proposal to convert two Grade-listed Georgian townhouses overlooking Parade Gardens into eight luxury residential flats, igniting a fierce debate over heritage preservation versus housing supply. The development application highlights…...