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.

Top News
Partnership (and friendship) in focus as NAIOP New Jersey honors industry leaders, deals of the year at annual gala

NAIOP New Jersey welcomed another sold-out crowd to The Palace at Somerset Park, honoring the industry’s top talent as part of its 39th annual Commercial Real Estate Awards Gala.

Government & Public Policy
EDA commits $29 million in tax credits to New Jersey Symphony project in Jersey City

State officials have pledged more than $29 million in tax credits to the New Jersey Symphony, marking a key step in the organization’s plan to open a new permanent location in Jersey City.

Residential & Mixed Use
Community Investment Strategies, officials kick off Hoboken senior housing project, city’s first fully affordable development in 30 years

Community Investment Strategies Inc. has broken ground on a 36-unit affordable senior housing project in uptown Hoboken, the first of its kind in the city in more than three decades.

People
Leak-Saunders joins RHO Residential as vice president of talent, leadership

RHO Residential has welcomed Aysha Leak-Saunders as vice president of talent and leadership, one of several additions to its team as it continues its rapid growth.

Residential & Mixed Use
LJS breaks ground on fully affordable Randolph rental project with special needs housing

Construction is underway in Randolph for what will be a fully affordable, 25-unit rental community designed for families and individuals with special needs.

Finance & Capital Markets
CBRE: Accordia closes on $31 million construction loan for West Caldwell rental project

Accordia has landed a nearly $31 million construction loan for a planned 92-unit luxury apartment building in West Caldwell, in a newly announced deal by CBRE.

Residential & Mixed Use
Sharbell unveils 150-unit Robbinsville condo project for families, seniors

Sharbell Development Corp. has debuted a collection of 150 condominiums in Robbinsville that combines market-rate homes with a separate 55-and-over section within a single development.

Residential & Mixed Use
Florio, ANIA Management tap Kislak to sell 85 multifamily properties in Paterson

One of Paterson’s most prolific developers is looking to sell an expansive multifamily portfolio, having retained The Kislak Co. Inc. to find a buyer for the 85 properties.

Residential & Mixed Use
Luxury living, community space set to converge at Hoboken’s new Southend Lofts

The landmark Southend Lofts in Hoboken has welcomed its first residents, in a key milestone for the project as its developer and city officials look ahead to the new dining and retail hub that will take shape inside the building’s dramatic public atrium.

Residential & Mixed Use
IPRG: Buyer of historic Paterson mill complex eyes redevelopment after $6 million sale by Procida Funding

Procida Funding has completed its sale of a well-known industrial complex and redevelopment site in Paterson, in a deal arranged by Investment Property Realty Group.