A joint venture has closed on its second Hoboken apartment building in the last six months, acquiring a 30-unit property in the city for $15.5 million.
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.
Donnelly touts build-out, opening of shooting range concept in Wayne
Donnelly Construction has completed an overhaul of a former restaurant space in Wayne, where an upscale, indoor firing range has opened for business.
Morris: Edgewood residents hurt by government shutdown can defer rent payments
Edgewood Properties is doing its part to help those impacted by the partial government shutdown, allowing federal employees who live at its buildings to defer their rent payments. In the process, it hopes other apartment operators will follow suit.
Incentives: A look at Murphy’s plans to streamline, cap subsidy programs
Gov. Phil Murphy detailed his plans to update the state’s incentive programs, speaking Wednesday during an event in Jersey City. — Courtesy: Edwin J. Torres/Governor’s Office By Joshua Burd After lashing out at New Jersey’s high-profile tax credit incentives, Gov.…
One Wall Partners acquires 159-unit rental complex in Rahway
An investment and management firm has expanded its portfolio with the purchase of a 159-unit apartment complex in downtown Rahway, in a transaction brokered by HFF.
Progress inks $10 million loan for Brick apartment developer
The developer of a 44-unit apartment building in Brick has landed a $10 million loan for the project, under a transaction arranged by Progress Capital.
KRE Group, Lyft announce partnership at new Jersey City rental building
Kushner Real Estate Group has named Lyft as its official ride-share partner at a new luxury apartment building in Jersey City, providing residents with discounted fares and other perks.
RPM earns county planning award for housing project at Fort Monmouth
Monmouth County officials have recognized RPM Development Group for its role in transforming the historic Fort Monmouth property, following the opening of its 68-unit residential project at a historic officers housing complex.
K. Hovnanian set to debut new 460-unit townhome project in Cedar Grove
K. Hovnanian Homes is taking the wraps off a new development that will bring 460 luxury townhomes to a site about three miles from downtown Montclair.
Larken recaps 700,000 sq. ft. in leasing, new acquisitions in 2018
Larken Associates is touting a 20 percent increase in leasing activity in 2018, part of a year in which it also added two New Jersey shopping centers to its regional portfolio.
