JERSEY CITY, N.J. — Locally based financial intermediary G.S. Wilcox & Co. has arranged $85 million in financing for Overlook Flats, a 297-unit apartment building located in the Journal Square area of Jersey City. Designed by Michels & Waldron with interiors by Builders Design, the 16-story building houses studio, one-, two- and three-bedroom units, as well as 40,000 square feet of commercial space. Residences are furnished with stainless steel appliances, designer cabinetry and quartz countertops. Outdoor amenities include a rooftop deck with a pool, kitchen, lounge area, picnic areas, bocce ball court and a pet play area. Inside, residents have access to coworking spaces, a children’s playroom, fitness center, golf simulator and a package room. Wesley Wilcox, Al Raymond and Will Gallagher of G.S. Wilcox arranged the five-year, fixed-rate loan through an undisclosed life insurance company.
Residents at Overlook Flats, a 297-unit apartment building in Jersey City by local developer Milton Fantin, have proximity to multiple public transportation routes, including PATH service to Lower and Midtown Manhattan, Hoboken and Newark.
G.S. Wilcox Arranges $85M in Financing for Jersey City Apartment Building
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