Rockpoint has acquired The Morgan Provost Square, a class A apartment community located in the Waterfront submarket of Jersey City, N.J. Financial terms of the transaction were not disclosed.
The Morgan includes 417 multifamily units, 372 covered parking spaces and approximately 12,700 square feet of fully leased ground floor retail space across five suites. Rockhill Management, Rockpoint’s property services affiliate, will manage the property and oversee significant upgrades intended to further elevate the resident experience.
“The Morgan Provost Square is a terrific addition to our multifamily portfolio,” said Dan Domb, managing member and COO at Rockpoint. “Rockpoint’s deep familiarity with Jersey City and the broader Hudson waterfront, combined with our vision for enhancing the resident living experience in collaboration with the Rockhill team, positions the community as a desirable living space in a growing and dynamic neighborhood with easy commuting a
