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 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, []