JLL Capital Markets has successfully secured construction financing and joint venture equity for Blue Hill at Watchung, a 230-unit luxury apartment community set to rise in Watchung, Somerset County, New Jersey. The project, backed by The Sterling Properties Group and Danbro Properties, entails a total investment of $102.87 million. Scheduled for completion in 2026, the development will feature six four-story buildings and a two-story clubhouse on a 41.8-acre site, offering premium amenities such as a resort-style pool, fitness center, and co-working space. The property is expected to stabilize by March 2028.
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