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.

L+M, Urby detail 250-unit project at historic Newark property

A joint venture has unveiled plans to renovate and expand an 18-story tower in downtown Newark, under a $91 million project that will create 250 apartments and commercial space.

Hoboken apartment building now 85 percent leased a year after opening

A new 424-unit luxury apartment building in Hoboken has reached another leasing milestone, thanks in part to a fall surge and continued demand for rentals along the Gold Coast.

Sanzari drawing on 75 years of stability, relationships to guide tenants through crisis

Like other landlords, Alfred Sanzari Enterprises has spent months with its buildings mostly empty as businesses cope with the effects of the pandemic. But the family-owned firm has weathered the crisis and helped its tenants do the same thanks to its own financial strength and ability to act quickly, which stem from a patient, low-leverage approach that goes back 75 years.

Gebroe-Hammer: Buyers wanted for 29-building, 406-unit rental portfolio

A sprawling collection of more than 400 apartments is on the market for sale in New Jersey, in a newly announced offering by Gebroe-Hammer Associates.

Kislak touts $11.5 million in Monmouth County investment sales

A private investor has paid $6.2 million for a Red Bank office building, in the largest of four newly announced transactions by The Kislak Co. Inc.

Marcus: Investor sells Orange apartments for $14 million

A private investor has sold an 81-unit apartment building in Orange for $14 million, under a newly announced transaction by Marcus & Millichap.

Chilmark inks $2.1 million apartment sale in Kearny

A private seller has reaped more than $2 million from the sale of a 17-unit multifamily property in Kearny, according to brokers with Chilmark Real Estate Services.

JLL inks $49 million refi loan for Texas multifamily project

The developer of a 306-unit multifamily project near Fort Worth, Texas, has refinanced for $49.1 million, under a transaction arranged by JLL’s New Jersey capital markets team.

KRE Group, Russo secure $71 million loan for 345-unit rental project in Morris County

Kushner Real Estate Group and Russo Development have broken ground on 345 luxury apartments in Morris County, having secured a $71 million construction loan for the project.

Piscataway: Developers launch leasing at 110-unit rental community

A joint venture has announced the launch of leasing at a new 110-unit luxury rental community in Piscataway.