New York Life Real Estate has originated a nearly $147 million loan for an owner to refinance a 100-unit garden apartment complex in Bergen County, the company announced.…
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.
Three Union City properties sell for $2.9 million, Cervelli says
An investor in Union City has paid nearly $2.9 million for three mixed-use buildings with a combined 25 units, in a deal brokered by Cervelli Real Estate & Property Management.…
Madison Realty brokers $77 million in multifamily sales
An area brokerage firm has arranged more than $77 million in recent multifamily property sales in Monmouth, Ocean and Atlantic counties.…
CBRE announces sale of three Hudson County properties
Three properties in different Hudson County communities have changed hands for a combined $5.5 million, according to brokers with CBRE Group who marketed the buildings.…
Essex County apartment buildings trade for $18 million, Kislak says
A real estate firm has sold two East Orange apartment buildings for a combined $18 million, in a set of transactions arranged by The Kislak Co. Inc.…
Sports bar coming to TCNJ’s Campus Town, PRC Group says
A sports bar and restaurant chain is expanding from South Jersey and Philadelphia to become the newest addition at Campus Town, the privately built student housing and retail development at The Colleg…
New tenants coming to Halsey Street in Newark, Pierson Commercial says
A fitness operator and a burger chain that is expanding into New Jersey will be among the newest tenants in downtown Newark, following leases brokered by Pierson Commercial.…
Bridgeton rental community slated for $18.7 million rehab
A multifamily developer has kicked off an $18.7 million rehab of a 156-unit property in Bridgeton, where it aims to modernize the community and expand services for residents.…
Investors Bank: Recent CRE loans total more than $280 million
Investors Bank has continued its push to lend across different sectors of commercial real estate, originating more than $280 million in financing for 10 major transactions in recent weeks.…
MonGroup touts plans for new ‘green’ apartment building in Bayonne
A developer is set to add to its multifamily portfolio in Hudson County with its plans for a new 56-unit apartment building in Bayonne.…