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lpine Residential has refinanced two multifamily properties in Jersey City, New Jersey with a $81.95 million loan. The five-year interest-only fixed-rate Freddie Mac loan was arranged by JLL Capital Markets' team of Thomas Didio and Michael Mataras.

    The Atlas and Starling buildings, located at 270 Johnston Street and 66 Monitor Street, respectively, are situated near the Liberty State Park Light Rail station and Liberty State Park along the Hudson River. Their proximity to mass transit made them attractive to lenders, according to Didio.

    "We are pleased to have secured permanent financing for these high-quality assets in Bergen-Lafayette," Didio said in a statement. The buildings were completed in 2025, with Atlas containing 169 units and Starling holding 39 units. Both properties include affordable housing units.

    The refinancing replaces existing construction debt and was provided by JLL Real Estate Capital.