Hackensack, NJ – Macallan Capital Partners announced today that it arranged $70 million in financing for The Brick of Hackensack, an upscale mixed-use residential high rise in downtown Hackensack, NJ.
The Macallan Capital Partners team, led by Laurent R. Gray, CEO and Marco Howington, Partner, arranged the refinancing package as exclusive advisors, with PNC Bank providing the funding.
The Brick offers 377 modern residences and 8,000 square feet of ground floor retail on Main Street. The building features a mix of studio, one and two-bedroom units as well as a lap pool, gym, yoga studio, and a top floor lounge with a skyline view of Manhattan. The property has experienced strong demand, with a consistent 98% occupancy.
“This financing emphasizes the tremendous progress at The Brick of Hackensack and the market’s strong confidence in our vision,” said James Tseng, owner representative of The Brick. “We are very pleased with the experienced and knowledgeable team at Macallan.”
ABOUT MACALLAN PARTNERS
Macallan Capital Partners is a New York–based private equity and advisory firm focused on real estate and strategic investments. With decades of combined experience across development, finance, and operations, the firm partners with developers, business owners, and investors to structure and execute growth-focused projects. Macallan’s track record includes delivering value through creative capital solutions, disciplined underwriting, and hands-on management across multiple asset classes.
For more information, please contact:
Laurent Ronald Grey
President & CEO
Co-Founder
Macallan Capital Partners LLC
Email: lgray@macallancap.com
Mobile: 1-929-226-5828