The strength of New Jersey’s transit-oriented suburban market could not be more apparent: According to CoStar data, the sale marks the highest price per unit ever achieved for a multifamily property in Union County.

The joint venture's completed acquisition includes Class-A communities ​totaling 1,244 bedrooms, one at Rutgers in New Brunswick, and the other at the University of Florida.

The Red Bank-based real estate investment firm has been on an acquisition spree in recent months, nabbing grocery-based shopping centers in Ohio, New York, Tennessee and its latest procurement in the Peach State.

March Construction, which is developing the site, anticipates a summer 2022 opening for the 12,600-square-foot Ocean County property.

The 42-story, 1.2-million-square-foot office tower is one of the tallest buildings in Jersey City, offering sweeping views of the Manhattan Skyline, Statue of Liberty and New York Harbor from its upper floors.

The new loan was originated by Benefit Street Partners Realty Trust and used to refinance the original construction loan provided by Procida Funding.

The private lender's hard money credit will be used to fund construction for a residential project.

Buyer Harrison Developers is currently seeking approvals for a 75-unit luxury apartment building consisting of studio, one-, two-, and three-bedroom units with ground-floor retail.

The 20,000-square-foot complex is located directly off Route 22. The two-story freestanding asset offers excellent visibility, with 90,000-plus cars passing the location daily.

The Asana Partners portfolio offers multiple available units located below luxury residential towers on the highly trafficked Washington Street and Maxwell Lane.

The martial arts studio will open its eighth location at the Levin-managed center in Manasquan.

David Calloway, a former Monmouth University head basketball coach who brought the team to three of its four NCAA Tournament appearances, will oversee sales for the company’s East Region.