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RXR Refis New Jersey Apartments With $90M Loan

An affiliate of Madison Realty Capital has sealed a $90 million loan to refinance a newly built multifamily development in northern New Jersey, Commercial Observer has learned. RXR provided the loan f

Summary

An affiliate of Madison Realty Capital has sealed a $90 million loan to refinance a newly built multifamily development in northern New Jersey, Commercial Observer has learned.

RXR provided the loan for the 300-unit Clifton & Company apartments in Clifton, N.

J. The development is now in lease-up after completing the first phase in early 2026, […]

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