CAPRE Multifamily Capital Raising, Investment & Development: Weekly Roundup for October 14, 2020

Mack-Cali Brings Together World-Class Team to Drive Repositioning of Harborside Office Campus on Jersey City Waterfront: Mack-Cali Realty Corporation (NYSE: CLI) today announced the hiring of a new team of internal and external professionals to execute the repositioning, leasing, and marketing of Harborside, its Class A office campus on the waterfront in Jersey City. Harborside is a unique campus with more than 4.3 million square feet of office space, retail space, indoor and outdoor dining options, conferencing, fitness and wellness offerings, a daycare center, on-site parking, and 3,000 residential units in the neighborhood. Watermark Residential to Develop 360-Unit Luxury Multifamily Community in Colorado Springs: Watermark Residential, a wholly owned affiliate of Thompson Thrift and one of the nation's leading multifamily developers, announced the acquisition of nearly 21 acres of land in Colorado Springs for the development of Ascent by Watermark, a three-story, resort-style apartment community featuring one- to three-bedroom apartment homes. Construction on the development will begin later this month, with an expected completion date of fall 2022. "We are excited to start construction on our second multifamily development in Colorado Springs, which continues to rank as one of the most desirable places to live in the country," said Jessica Tuttle, Watermark's vice president of development, west region. "Colorado Springs' dynamic growth has brought robust demand for apartments and we look forward to delivering another of our hallmark apartment communities for area residents." Walker & Dunlop Structures $25 Million in…