Fort Lee, NJSize
JV Equity Raise
BlueGate Partners, LLC (“BlueGate”) has been retained on an exclusive basis by BNE Real Estate (the Sponsor”) to arrange for a joint-venture equity partner in the ground-up development of Kaufer Lane at Fort Lee, a Class A, 15-story, 203-unit luxury rental apartment project in Fort Lee, NJ (the “Project”). Located near the base of the George Washington Bridge, the Project is only three blocks south of Twenty50, a comparable high-rise apartment community that was developed by the Sponsor in 2013. Kaufer Lane at Fort Lee will possess exceptional access to New York City as well as numerous community amenities such as a heated pool, fitness center and business lounge. Individual units will possess finishes commensurate with the newest Class A multifamily offerings on New Jersey’s Gold Coast and many of the units will feature balconies or terraces.