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CURRENT PROJECTS

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130 Monitor

130 Monitor Street | Jersey City, NJ 07304

 

140-unit, 2 phase new construction, market rate residential apartment building. Obtained $30.5MM in bank financing and $12.5MM in equity financing through a Qualified Opportunity Zone Fund to acquire and develop 25,000sf parcel of land. Phase 1, 70 units complete November 2022. Phase 2, additional 70 units complete June 2025.

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770-776 Bloomfield Avenue | Verona, NJ 07044 | Verona Storage

 

2 phase project. Phase 1 - renovation and adaptive reuse of a vacant 14,000sf warehouse conversion to 135-unit self-storage facility at 776 Bloomfield Avenue.

Phase 2 - renovation and reconstruction of 5,000sf vacant retail space into 11,000sf, 100-unit self-storage facility at 770 Bloomfield Avenue. Phase 2 under construction.

Point Capital Development

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