M id A tlantic Real Estate Journal — Owners, Developers & Managers — November 2025 — 33
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VAM to manage Station Village at Denville as The Point at Gateways reaches full lease up Value Companies expands multifamily presence in Morris County, New Jersey
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of Property Management at Value Companies, Inc. He continued, “Our investment in The Point at Gateways will only continue from here as we usher in the next phase of construction with the ground- breaking of Phase Three.” Phase Three of The Point at Gateways will include 36 more two-bedroom/two-bathroom homes. When all phases of construction are complete, The Gateways at Randolph will be one of the largest multifamily properties in the state, with over 1,000 units in the community. MAREJ
ORRIS COUNTY, NJ — Value Com- panies, Inc. an-
nounced that its third-party management business, Value Asset Management (VAM) , has been selected as the prop- erty management firm for Donnelly Construction’s newest multifamily project, Station Village at Denville. Leasing, which is directed by Value Companies’ leasing and marketing manager Cheryl Byrne , has begun at the com- munity. When complete, Sta- tion Village at Denville will be a 65,715 s/f apartment building located at 495 East Main St. in Denville. Located within walk- ing distance of the Mount Tabor NJ Transit Station, the three- story building will offer one-, two-, and three,-bedroom units. “At Donnelly Construction, we build with an uncompromis- ing commitment to craftsman- ship, and long-term value,” said Rod Donnelly , CEO of Donnelly Construction. “As we jump into the multifamily market with Station Village at Denville, we’re excited to bring Value Asset Management on board. Their deep experience in managing multifamily com- munities and their sharp focus on resident satisfaction make them the ideal partner for Sta- tion Village at Denville.” As Donnelly Construction’s property management firm, VAM will handle both the day- to-day operations and long-term planning for this community. Services will include marketing, leasing, financial management, resident relations, maintenance operations, community build- ing, and value creation. “We are thrilled to be selected by Donnelly Construction to manage Station Village at Denville,” said Matthew Mir- man , executive vice president of Value Companies. “Don- nelly Construction is known for building communities with exceptional attention to detail and a deep commitment to its clients, values that align perfectly with our approach to property management. We look forward to bringing that shared vision to life and delivering a best-in-class living experience for future residents.” Anticipated occupancy for The Station at Denville is winter 2025. In addition, Value Compa- nies has completed lease up for Phase Two of The Point at Gateways in Randolph,
Station Village at Denville
The Point at Gateways
the demand for high-end living in Morris County continues to grow,” said Jack Linefsky, CAM, CAPS , vice president
led by leasing and marketing manager Cheryl Byrne . Phase Two of the Point at Gateways includes 24 two-
bedroom/two-bathroom homes. “The quick lease up of Phase Two of our Point at Gateways project affirms our belief that
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