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Tag Archives: Multifamily RE

3 Acres in Jersey City celebrates lease-up

3 Acres in Jersey City leased its more than 600 units in less than six months.

“When we conceptualized 3 Acres, we envisioned a community that provided a hospitality-inspired lifestyle experience that rivaled signature properties along the New Jersey waterfront and in New York City, but at a much more attractive price point,” 400 Claremont LLC Principal Art Johnson said in a prepared statement. “Fully leasing the building in such a short amount of time underscores the appeal of the building and the ongoing growth of the West Side as a new residential destination.”

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Gebroe-Hammer sees $979M in sales in 2022’s first 6 months

A multifamily real estate asset.

“During the first half of the year, many legacy owners realized that taking chips off the table sooner rather than later would be the wisest choice,” said President Ken Uranowitz. “This is especially prescient with the ‘R-word’ and additional rate hikes in the offing – two conditions they have lived through in past cycles.”

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