Kushner Real Estate Group has purchased a 304-unit apartment complex in Monmouth County, in a $56 million transaction announced Thursday by Gebroe-Hammer Associates.…
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.
Condo building opens in Newark’s Lincoln Park section
A developer has completed a new 18-unit condominium project in Newark, joining city officials on Thursday to open the doors to the building.…
Kennedy Funding touts $2.1 million loan for California development site
Kennedy Funding has closed on more than $2 million in financing for a developer’s purchase of 17.5 acres in northern California.…
Rutgers study seeks to unravel debate over rental units and school children
A new study is shedding new light on a widespread, age-old debate between developers and local governments in New Jersey: Do new apartments mean new school-age children? According to the findings, the…
Roseland launches leasing at 295-unit project, its latest at Port Imperial
Roseland Residential Trust is set to unveil nearly 300 new upscale apartments in Weehawken, the latest addition to the 200-acre Port Imperial development along the Hudson River.…
Developer announces rebrand, growing multifamily pipeline
With a growing pipeline, a Central Jersey developer is rebranding. Quantum Real Estate Group announced Wednesday that it will now go by Forte Real Estate Development.…
Walters details plans for new office building in Ocean County
Walters Homes is expanding its corporate footprint in Ocean County, with plans to open a new office building in Ship Bottom that will bring four of its divisions under one roof.…
Planning board OKs plan for Monmouth Mall makeover
Kushner Cos. and Brookfield Properties have cleared a key hurdle in their plan to transform the Monmouth Mall, winning a long-awaited approval from the Eatontown planning board.…
Kislak brokers $3.7 million sale of Teaneck apartments
An apartment owner has reaped nearly $3.7 million from the sale of a 25-unit complex in Teaneck, following a transaction brokered by The Kislak Co. Inc.…
Union City apartment building sells for $3 million, Marcus says
The developer of a recently built, 12-unit apartment building in Union City has sold the property for more than $3 million, according to brokers with Marcus & Millichap.…
