Capodagli Property Co. has kicked off the latest project in its fast-growing pipeline — a development that will bring 145 new apartments and a restaurant to its home city of Linden.…
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.
East Orange apartment tower trades for $22 million, Marcus & Millichap says
Investors have acquired a 206-unit apartment high-rise in East Orange for $22 million, in a deal announced Thursday by Marcus & Millichap.…
CBRE announces new investment sale brokers in New Jersey
CBRE has added to its team of investment sale brokers in New Jersey with three new hires.…
Developer set to break ground on 63 units in downtown Bound Brook
A developer is preparing to begin construction on a new 63-unit apartment building in downtown Bound Brook, the first of three phases that are part of the borough’s growing pipeline.…
Greater Trenton names three new board members
Three new board members have joined Greater Trenton, the nonprofit organization aimed at guiding and spurring economic development in New Jersey’s capital city.…
Developers hail completion of 114-unit complex at former Irvington hospital site
A development group has unveiled the first piece of a mixed-income residential project at the former site of a blighted, long-vacant hospital in Irvington.…
Union City retail, apartment property trades for $1.8 million, Marcus says
A private investor has sold a 7,125-square-foot mixed-use building in Union City for nearly $1.8 million, brokers with Marcus & Millichap announced Tuesday.…
Liquor license bill remains a balancing act despite support from developers, municipalities
While liquor license reform has broad support from the state’s commercial real estate sector, municipalities and many top business groups, it faces opposition from liquor store owners and large restau…
Progress, with continued uncertainty: Questions remain as affordable housing moves forward in New Jersey, stakeholders say
The state’s long-running battle over affordable housing policy is still rife with uncertainty and unanswered questions, stakeholders say, even for the roughly 200 towns that have reached settlements o…
Developer, local officials hail opening of 212-unit Parsippany project
Mill Creek Residential is celebrating the opening of its new luxury apartment community in Parsippany, its third multifamily project in Morris County since 2015.…