Jersey City Condos

Jersey City Condos

Jersey City Condos

Homestake identified that it wanted to participate in an improving Jersey City market. Homestake vetted multiple developers and partnered with well-known Hoboken Brownstone Company (“HBC”). HBC utilized its local resources and sourced a parcel within the core of Jersey City, but still on the development fringe. HBC and Homestake secured entitlements for a 5-unit condominium building. HBC and Homestake evaluated taking the project vertical or flipping, and made the decision to flip based upon various market conditions. The project is now sold.

Equity Co-Sponsor
Hoboken Brownstone Co.
5 Condominiums
Jersey City, NJ