A luxury apartment development located on Jersey City’s Grove Street has obtained a massive $81 million refinancing deal.

The refinancing package for One Grove , a 200-unit residential community was secured during the summer, according to a statement from Cushman & Wakefield who arranged the loan.

The five-year, interest-only loan was secured through Societe Generale on behalf of Sing Wang of TKK Capital.

The property, which opened at 215 Grove St. in 2024, features a mix of studio to three-bedroom apartments with high-end finishes and appliances.

Rents start at about $3,000 per month and Greystar handles leasing operations at the property.

Approximately 30% of the units include private outdoor spaces, according to the announcement.

Designed by MHS Architecture, One Grove is

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