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
Russo lands construction loan for 198-unit rental project in Belmar, Cushman says

Russo Development has secured construction financing for a project that will bring 198 new apartments to Belmar’s seaport district, brokers with Cushman & Wakefield announced.

Residential & Mixed Use
Cervelli: Six-unit Jersey City rental building trades with ‘immediate’ value-add potential

A longtime apartment owner in Jersey City has added a six-unit building in the Bergen-Lafayette neighborhood, in a deal arranged by Cervelli Real Estate and Property Management.

Government & Public Policy
Extending a hand to Solomon, Jersey City landlords call for more housing to solve budget, affordability woes

Following a contentious campaign, the Jersey City Apartment Owners Association said it was eager to work with new Jersey City Mayor James Solomon, reaffirming its belief that the best way to solve the city’s budget and affordability crises is to build more housing.

Top News
Russo details plan for new Paramus headquarters, breaks ground on Rahway rental project (SLIDESHOW)

Russo Development has started construction on its new 45,000-square-foot headquarters in Paramus, hailing the project as a new chapter in its nearly 50-year history as it looks to modernize its workspace and support its sprawling portfolio.

Government & Public Policy
Solomon: KRE to add affordable housing to Journal Square project, ending plans for Pompidou museum

KRE Group has officially scrapped plans to house a highly touted museum in its latest Jersey City rental project, opting instead to bring affordable housing and potential community space to the site under an agreement with the city’s new mayor.

Residential & Mixed Use
Investor buys updated 31-unit apartment building in Chatham in $11 million deal by ICON

A private investor has acquired a renovated 31-unit apartment building in Chatham for $11.2 million, brokers with ICON Real Estate Advisors announced Monday.

Professional Services
NAIDB highlights top producers, special honorees in 2025 broker celebration

NAI DiLeo-Bram & Co. is recognizing seven standout brokers from 2025, a group that includes a mix of veteran producers and rising talent at the Woodbridge-based firm.

Residential & Mixed Use
Atlantic City: Kushner advances long-awaited waterfront rental project with CRDA approval

Kushner has taken another step in a plan to build 180 new apartments in Atlantic City, securing a key entitlement from the state’s Casino Reinvestment Development Authority.

Residential & Mixed Use
JLL: Landmark eyes ‘next generation’ of apartment assets with $35 million deal in Piscataway

Landmark Cos. has taken a key step toward modernizing its portfolio with its recent acquisition of a 110-unit luxury apartment property in Piscataway, brokers with JLL announced.

Finance & Capital Markets
Kennedy Funding lends $1.2 million to help foreign national buy Baltimore apartments

A foreign investor has acquired a 19-unit apartment complex in Maryland with the help of a $1.2 million loan from Kennedy Funding, the Englewood-based direct private lender.