Mack-Cali Realty Corporation refinanced its $60 million existing construction loan at The Emery at Overlook Ridge with a $72 million mortgage from New York Community Bank. The property includes 326 luxury rental homes spread across three five–story, elevator serviced buildings with a combination of precast structured garage and surface parking. Unit types include a mix of studio, one– and two–bedroom units, with sizes ranging from 529 square feet for studios to 1,342 square feet for larger two–bedroom units with dens. The asset commenced leasing in February 2020, and despite COVID-related challenges, successfully leased up and is currently 93% leased.