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.

HMFA touts opening of 75-unit senior housing complex in Freehold

A developer and state officials have marked the completion of an age-restricted, 75-unit affordable housing property in Freehold Township.

Developer opens first phase of residential, retail project in downtown Union

A developer has unveiled an 80-unit luxury apartment building in downtown Union, the first piece of a plan that will span nearly 300 new homes and some 27,000 square feet of retail space.

Duplex townhomes selling fast at Gold Coast condo building

A developer is touting a surge in demand for a collection of million-dollar townhomes in West New York, part of a 13-story condominium building along the Hudson River waterfront.

Lennar to develop mixed-use town center at Fort Monmouth ‘gateway’ parcel, state says

State officials are detailing new plans for a town center development at the historic Fort Monmouth property, having agreed to sell a prominent 73-acre parcel to a Lennar Corp. affiliate.

Development, project team eye groundbreaking for 170 apartments in Jersey City

A design and engineering team is highlighting its role in a two-building, 170-unit apartment project that is on the verge of breaking ground alongside a popular park in Jersey City.

Jersey City: NYL inks $138 million loan for 45-story rental tower

A development team has landed financing for the second of two 45-story apartment towers in Jersey City, securing a $138 million loan from New York Life Real Estate Investors.

Developers hail fast start at 219-unit rental project in Rahway

A joint venture has opened the doors to a new 219-unit luxury apartment building in downtown Rahway, offering a new living option just blocks from the city’s train station.

Kokes hires vice president, project manager for growing development team

Kokes Properties has expanded its development and construction team with the addition of two veteran industry executives.

Jersey City developer lands $120 million in debt, equity for 631-unit project, Progress Capital says

The developer of a 631-unit apartment building in Jersey City has secured $84 million in construction financing and $36 million in equity, Progress Capital announced Friday.

Long Branch condo project more than 50 percent sold, with closings now underway

Closings are underway at a collection of beachfront condominiums in Long Branch, where a development and brokerage team has sold more than half of the property’s 57 homes.