Keith Gelb & Tom Gilbane Of Rockpoint Acquire 417-Unit Multifamily Asset In Jersey City

The Morgan Provost Square is a multifamily asset located at 160 Morgan Street in Jersey City, featuring 417 units and 12,700 square feet of retail space. The property is situated in the Waterfront submarket of Jersey City.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 417
• Retail Space: 12,700 square feet
• Address: 160 Morgan Street
• Market: Jersey City
• Buyer: Keith Gelb & Tom Gilbane - Rockpoint
• Management: Rockhill Management

Keith Gelb and Tom Gilbane, acting on behalf of Rockpoint, acquired the property, and Rockhill Management will be responsible for overseeing the operations and implementing planned upgrades to enhance resident experience.