Vango Development has launched leasing at Parker East, a new five-story luxury rental community bringing 86 residences, indoor and outdoor lifestyle amenities and convenient mass-transit access to 263 Hackensack St. in East Rutherford, NJ.
Located 0.2 miles from the Rutherford NJ TRANSIT station, Parker East offers one- and two-bedroom residences priced from $3,250. Immediate occupancy is available. The Taylor Lucyk Group is serving as the community’s exclusive leasing agent.
“Parker East reflects our continued commitment to creating high-quality residential communities in well-connected neighborhoods,” said Van Golemis, CEO of Vango Development. “The combination of spacious residences, a strong amenity offering and a location close to both transit and Rutherford’s downtown gives residents the convenience and connectivity they’re looking for today.”
The property is the latest addition to Vango’s growing portfolio in the area, following the development and lease-up of Parker 106 and Parker 118 in neighboring Rutherford.
M&T Realty Capital Corporation closed on a $31.9-million bridge loan for Estelle New Haven, a newly constructed 96-unit Class A multifamily community located at 19 Elm St. in downtown New Haven, CT. The financing will support the property’s continued lease-up and stabilization while refinancing existing construction debt. Developed by Eight West, an affiliate of The...
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JLL Capital Markets has arranged $45.75 million in construction financing for 7 Hartwell Ave., a 130-unit ground-up luxury multifamily development located in Lexington, MA due for completion in June 2028. Managing director Anthony Cutone and director Madeline Joyce, along with associates Michael Schwarze and Joe Marinaro, worked on behalf of Dinosaur Capital Partners to secure a...
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Montreal developers say the REM is making transit-accessible real estate more attractive, but warn the growing cost of building around the network could undermine some of the development it was intended to encourage. Executives from Mondev, Rosefellow and Cadillac Fairview raised the concerns during a discussion at Connect CRE Montreal, pointing to transit levies, municipal...
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