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.

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.

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.

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.

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.

Things to do

As you’ll read in this month’s cover story, the Queen City is now working to attract new retail, recreation and dining options to support its growing population. Look no further than PickleRage, the new 40,000-square-foot pickleball club that just opened under a project by ECA Developers. That’s just one example, according to the story by Marlaina Cockcroft, coming alongside a new $10 million aquatics complex that debuted last summer and plans for a 55,000-square-foot recreation and cultural center with a pool, event and performance space, workforce development facilities and an art gallery, as well as a building with 220 affordable units.

A guiding force: Why time with Newark Alliance will loom large for new EDA chief Weiss

Evan Weiss had his reasons for leaving state government in 2021. One of them, he recalls, was “because I started to feel so removed” from the constituents who were affected by the sweeping policies and billions in funds he helped deploy as a top adviser to Gov. Phil Murphy.

He rediscovered that connection as head of the nonprofit Newark Alliance, a role he held for four years — and one that will loom large as he returns to Trenton as CEO of the state Economic Development Authority.

P3 buys 147-unit Passaic rental property in $49 million deal with Birch Group, C&W says

P3 Properties has made a major acquisition in Passaic, adding a 147-unit multifamily property with further development potential in a deal arranged by Cushman & Wakefield.

CBRE: Hoboken retail property, would-be development site, trades for $8.2 million

A developer is eyeing plans for a new mixed-use project in Hoboken after acquiring a downtown retail property for more than $8 million, brokers with CBRE announced Monday.

Let it snow: What winter really does to construction in Jersey

Winter in the Northeast doesn’t just slow projects down. It complicates everything. And when temperatures dip into the single digits, the margin for error disappears entirely.

Veris to be acquired by Affinius Capital-led group in $3.4 billion all-cash deal

An investor group led by Affinius Capital is acquiring Veris Residential Inc., in a $3.4 billion deal that will take the company private after its high-profile, multiyear pivot from the iconic former Mack-Cali Realty Corp.