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Greystone Arranges Financing for $61.3 Million Acquisition of The Monroe in Morristown

June 4, 2026
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Greystone arranged financing for the $61.3 million acquisition of The Monroe, a 148-unit luxury apartment community in downtown Morristown, New Jersey, by arranging acquisition financing alongside Cushman & Wakefield's multifamily capital markets team. The transaction marks a strategic expansion for buyer Tuli Realty and reflects continued investor demand for high-quality, transit-oriented multifamily assets in Northern New Jersey. Located steps from Morristown's vibrant downtown and NJ Transit service, The Monroe attracted significant interest due to its prime location, strong market fundamentals and long-term rental demand.

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