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Molly Brook on Belmont sells for $89M (updated)
The 180-unit luxury apartment property reached 100% occupancy in less than 12 months, drawing renters with resort-like amenities and outdoor features.
G.S. Wilcox arranges $52M financing for North Haledon multifamily
The Morristown-based commercial real estate mortgage banking firm sourced the 20-year term loan through one of its correspondent lenders on behalf of Tulfra Real Estate and The Hampshire Cos., the joint venture partners behind Molly Brook on Belmont.
Passaic County’s Molly Brook on Belmont 100% leased in under a year
Tulfra Real Estate and joint venture partner The Hampshire Cos. announced the milestone July 22. Together, the collaborators invested 10 years in the project situated at the center of a redevelopment zone.
