Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Residential & Mixed Use
P3, Greyhill acquire 301-unit Port Imperial property from PGIM for $125 million

A joint venture has claimed a piece of the iconic Port Imperial district, buying a 301-unit luxury rental property in West New York in a deal reportedly valued at more than $125 million.

Residential & Mixed Use
JLL: Buyer wanted for well-known 408-unit Edgewater rental property

Avalon at Edgewater is on the market for sale, giving investors a chance to own more than 400 luxury apartments and a well-known piece of New Jersey’s Gold Coast.

Residential & Mixed Use
RHO Residential tapped to manage former Veris Residential portfolio with 6,000+ units

The new owners of the former Veris Residential Inc. portfolio have picked RHO Residential LLC to manage the collection of more than 6,000 apartments across the Northeast.

Residential & Mixed Use
AION sells 148-unit Morristown rental property in $61 million deal with Tuli Realty, C&W says

Livingston-based Tuli Realty has expanded its holdings, acquiring a 148-unit luxury apartment building in downtown Morristown for more than $61 million.

Top News
Tulfra, Hampshire break ground on North Haledon project with 90 rentals, self-storage

Construction is underway on a project that will bring 90 luxury apartments, retail space and a 596-unit self-storage building to the Passaic County borough of North Haledon.

Residential & Mixed Use
Kislak: Investor swaps Bergen County rental properties in 1031 exchange, portfolio deals totaling $20.7 million

A private investor has made a series of multifamily deals in Bergen County, selling a 28-unit building in Lodi while adding a combined 88 units across two properties in Hackensack.

Residential & Mixed Use
Developers unveil $42 million update, preservation of 99-unit Newark senior housing complex

Tredway and LIHC Investment Group have completed their renovation of a nearly 50-year-old senior housing complex in Newark, part of a project that also extended the affordability of its 99 apartments for another 30 years.

Education
Denholtz receives 2026 Leadership Excellence Award from Monmouth’s Kislak Institute’s

Monmouth University has recognized another one of New Jersey’s esteemed developers, honoring Denholtz Chairman Steven Denholtz last week during the Kislak Real Estate Institute’s 30th Annual Leadership Excellence Awards Dinner.

Residential & Mixed Use
JLL lists shovel-ready site in Wayne with full approvals for 98-unit rental project

A development site with approvals for a new 98-unit apartment building has hit the market in Wayne, brokers say, providing an opportunity in an affluent but undersupplied submarket.

Government & Public Policy
Developer groups laud Sherrill, DEP for one-year delay of controversial flood elevation rules

By Joshua Burd State officials are delaying new land use and flood protection rules that were due to take effect this summer, in a major win for commercial real estate and business groups and a bipartisan coalition of lawmakers and mayors…