## RHO Residential Expands Northeast Footprint, Bolstering Jersey City‘s Residential Landscape
Get ready, Jersey City! There’s a big shift underway in the world of multifamily property management, and it’s about to shine an even brighter spotlight on our lively residential scene.
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This news centers on RHO Residential LLC. The company has just taken over management for a hefty portfolio of apartment buildings that Veris Residential previously owned.
This isn’t a minor step. It’s a leap that will almost double RHO’s managed properties and boost its presence right here in Jersey City.
Residents and the city can expect some interesting changes ahead.
RHO Residential Takes the Helm of a Major Portfolio
RHO Residential LLC just scored a major assignment in the Northeast real estate market. The company now manages 15 multifamily properties that once belonged to Veris Residential.
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That’s more than 6,000 apartments across New Jersey and the greater Boston area. For RHO, it’s a big leap—almost doubling their footprint to just under 12,000 apartments in 40 communities.
The deal also hands RHO oversight of over 182,000 square feet of retail space. This move really cements RHO as one of the region’s largest privately held, third-party multifamily managers.
A Jersey City Focus and a Blast from the Past
What’s especially exciting for us in Jersey City is just how many of these newly managed properties sit right here in our backyard. RHO will now oversee seven properties in the city, totaling 3,783 units.
That’s a big addition and, honestly, it just shows why people keep choosing Jersey City for new places to live. The portfolio also stretches out to the Port Imperial development—a $2 billion, 200-acre Hudson River waterfront community covering Weehawken, West New York, and Guttenberg.
They’re also taking over the Riverwalk at Port Imperial retail center, which covers 90,900 square feet and always seems to be buzzing with activity.
This all comes out of RHO’s recent leap, following the $3.5 billion acquisition of Veris Residential by a group of investors. Craig Solomon of Affinius Capital led the way, working with Vista Hill Partners.
For Brenda Cioce, CEO and President of RHO Residential, this feels like coming full circle. She actually started her career in property management at Roseland Property Management, which eventually became Veris Residential before she launched RHO in 2019.
It’s a bit of a reunion, too. RHO’s picking up 136 former Veris employees, bumping their team up to 250 people.
Bradford Klatt from Vista Hill pointed out that RHO really gets institutional management and has a knack for operations. He also mentioned their commitment to people, which seems pretty rare these days.
RHO calls itself a full-service, people-focused manager. They specialize in Class-A communities across New Jersey, New York, and Massachusetts, handling everything from operations and leasing to marketing, maintenance, resident engagement, and asset optimization.
This influx of managed properties in different **city districts** means more choices for anyone looking for a good place to live. If you’re already thinking about **where to stay in Jersey City**, these communities might deserve a closer look.
For visitors, the location makes checking out all the **things to do in Jersey City** a lot easier. You can get here pretty easily with all the transit options, and once you arrive, the selection of **Jersey City hotels** is honestly pretty solid.
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This move by RHO Residential adds another layer to Jersey City’s real estate scene. The city just keeps evolving, and, who knows, maybe this is just the start of even bigger changes.
Here is the source article for this story: RHO Residential Awarded Management of 6,000+ Unit Former Veris Residential Portfolio
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