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.

Finance & Capital Markets
Ania Management lands $38 million Benmark Capital loan to refi 203-unit Paterson portfolio

Benmark Capital has closed a $38 million loan to Ania Management to refinance a portfolio of more than 200 workforce housing units and commercial space in Paterson.

Office
Kislak opens new brokerage, administrative headquarters at Woodbridge office tower

The Kislak Co. Inc. has a new address in Woodbridge, its home of nearly 45 years, after moving to a well-known office tower just north of the New Jersey Turnpike.

Featured
Advance launches preleasing at new Hoboken rental property, adding to North End footprint

Designed by MVMK Architects and Living Systems, Willow House at 1404 Willow Ave. in Hoboken is a collection of 52 luxury rentals ranging from studios to three-bedroom penthouses. — Rendering by MVMK / Courtesy: Advance Realty Investors By Joshua Burd…

Top News
J&L welcomes Da Silva Team, new entrepreneur hub to Textile Lofts in Newark’s Ironbound

J&L Cos. has secured a new anchor tenant for its Textile Lofts property in Newark, inking a lease to bring a real estate brokerage and a coworking hub to the distinctive mixed-use building.

Finance & Capital Markets
JLL: East Brunswick senior living facility taking shape with $35 million construction loan

The developers of a new 100-bed assisted living and memory care facility in East Brunswick have closed on more than $35 million in construction financing, in a deal arranged by JLL.

Residential & Mixed Use
Cervelli: Renovated seven-unit Jersey City apartment building trades for $1.65 million

A private investor has sold a seven-unit apartment building with four garage parking spaces in Jersey City for $1.65 million, according to Cervelli Real Estate and Property Management.

Food & Beverage
The Café at Journal Squared debuts new ‘after hours’ food and drink menu

A café at the landmark Journal Squared complex in Jersey City has expanded its menu and its hours, adding to what is already a destination for the surrounding neighborhood.

Finance & Capital Markets
SKG scores more than $9 million in agency financing for 52-unit East Orange rental portfolio

SKG Capital has secured new agency loans totaling more than $9 million to refinance two transit-oriented apartment buildings in East Orange.

Residential & Mixed Use
Hartz nears full occupancy at new 250-unit Cranford rental property

Hartz Mountain Industries has hit 90 percent occupancy at a collection of 250 apartments in Cranford, highlighting sustained demand for upscale rentals in suburban locations.

Residential & Mixed Use
Cervelli arranges sale of 13-unit Union City apartment building for $875,000

A private investor has acquired a 13-unit apartment building in Union City for $875,000, in a newly announced deal by Cervelli Real Estate & Property Management.