Cushman & Wakefield Arranges $163.9M Construction Loan for Northern New Jersey Multifamily Project
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
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On the RET wire
- Disclosed multifamily deal value tracked in September 2026: $7.1B across 80 reported transactions. All Multifamily coverage →
- 59 stories mentioning Cushman on the wire in the past 90 days. Cushman coverage →
Computed from Real Estate Trail’s own tracked coverage
PARAMUS, N.J. — Cushman & Wakefield has arranged a $163.9 million construction loan for The Bergen Chapter, a 426-unit multifamily project that will be located adjacent to Bergen Town Center Mall in the Northern New J…
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