38 — August 2026 — Owners, Developers & Managers — M id A tlantic Real Estate Journal
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O wners , D evelopers & M anagers
Columbia Bank provides construction financing for new six-story development Crossroads Companies & CrownPoint Group complete 80East luxury apartments in Dover, NJ
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nity is designed to complement the character of the surrounding neighborhood while addressing continued demand for high- quality rental housing in the region. Nine apartments have been designated for income- qualified residents and families. “From the start, we recog - nized 80East as a premier op - portunity to meet the region’s intense demand for high-qual - ity housing just steps from the town’s business district,” said Anthony Vulpi , Crossroads Companies’ development part - ner. “Leasing velocity has been exceptional, and we are thrilled
to welcome residents to a com - munity that not only elevates local living options but injects fresh energy into downtown Dover’s ongoing resurgence.” Residents at 80East have access to 10,000 s/f of indoor and outdoor amenities, includ - ing a rooftop deck, landscaped courtyard, dog run, resident lounge, fitness center, private office space and covered park - ing across the building’s first two floors. “Our collective goal, in col - laboration with local officials and community leaders, was to develop 80East into a place that honors the fabric of Dover’s suburban community while introducing smart, modern living spaces,” said Michael Legacki , CrownPoint Group’s vice president. “This project exemplifies how intentional, modern development can fuel the long-term vitality of a neigh - borhood while serving as a first-class residential anchor for a dynamic downtown district.” 80East was designed by Minno & Wasko Archi- tects and Planners . Co- lumbia Bank provided construction financing, while Circle Squared Alternative Investments provided equity financing. L2i Construction served as general contractor, with Crossroads Cos. serving as project lead. Located on the Rockaway River in Morris County, Dover offers convenient access to major transportation corridors and commuter rail service to Hoboken and New York City. Crossroads Companies and CrownPoint Group are both New Jersey-based regional real estate firms specializing in the development of mul - tifamily, supermarkets and self-storage. MAREJ advice would you give to a young executive gradu- ating from college today? Invest in relationships and make networking a priority, learn to listen and never stop asking questions. The ability to understand others, ask thoughtful ques - tions and build genuine connec - tions will create opportunities and provide valuable person - al and professional insights throughout your career. MAREJ continued from page 9 NFP assistant VP Alex Schum . . .
OVER, NJ — A joint venture between Crossroads Com-
panies and CrownPoint Group Inc. has now completed 80East, a brand-new luxury apartment community in the heart of downtown Dover, NJ. The six-story development rep - resents the long-awaited trans - formation of a vacant property at the corner of East McFarlan and Passaic streets to expand housing options in this growing Morris County hub. Featuring a mix of studio, one-bedroom and two-bedroom apartment homes, the commu -
80East
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