An owner and developer of low-income housing has acquired nearly 400 existing units in Camden, in a nearly $34.5 million deal arranged by Marcus & Millichap.…
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.
NJAA marks record attendance by lawmakers for PAC event (SLIDESHOW)
In a sign of strength for the state’s multifamily sector, some three dozen state lawmakers turned out this week for an annual reception hosted by the New Jersey Apartment Association.…
Developer set to begin leasing at new Monmouth County rental project
BNE Real Estate will soon open the doors to its new 227-unit luxury apartment project in Aberdeen, hoping to capitalize on a location just steps from an NJ Transit rail station.…
Tapping into technology: Virtual, augmented reality providing new frontier for design firm
Rotwein + Blake is hoping to tap into the next wave of innovation in the design of commercial real estate: virtual and augmented reality. The Livingston-based architecture firm is now hoping to integr…
Watchung apartment complex sells for $90 million
A high-end apartment community in Somerset County is under new ownership, following the roughly $90 million sale of the property to a Manhattan-based operator.…
Atlantic Realty, local officials open new 500-unit Woodbridge transit village
A developer has taken the wraps off a new 500-unit transit village project in Woodbridge, marking the transformation of a site that once housed a long-abandoned industrial plant.…
Christie: Newark is ‘the only location for Amazon here in the state of New Jersey’ (VIDEO)
As the state prepares to submit its official bid later this week, Gov. Chris Christie has declared Newark “the clear winner” of the competition among several New Jersey municipalities that have expres…
Hampshire, First Westwood unveil ‘integrated’ self-storage building in downtown Westwood (SLIDESHOW)
The newest building in downtown Westwood has the look and feel of many other properties in the neighborhood, yet it’s unlike anything else in the central business district. Jon Hanson knows that to be…
ULI honors standout projects, CRE leaders at annual awards dinner (SLIDESHOW)
Eight projects and two key figures in New Jersey commercial real estate were among the honorees at an annual awards dinner hosted by the Urban Land Institute’s Northern New Jersey chapter, which drew …
Citing conflicts of interest, town asks state Supreme Court to void affordable housing rulings
A township that alleges that a former judge had conflicts of interest during its recent affordable housing litigation is hoping to take its case to the state Supreme Court.…