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.

Residential & Mixed Use
Procida completes first of eight final buildings at long-stalled Cherry Hill housing project

A team led by investor Billy Procida has completed the first of eight buildings that will help complete a long-delayed, 507-unit multifamily project in Cherry Hill.

Residential & Mixed Use
Developer unveils 155-unit Newark rental project with affordable housing, space for artists

TAY Investments has opened a new 155-unit apartment building in Newark that will serve as a showcase for local artists and an infusion of housing near the Springfield Avenue corridor.

Residential & Mixed Use
Alpine, Fields Grade launch preleasing at 169-unit rental tower in Jersey City

Alpine Residential and Fields Grade have all but completed their latest project in Jersey City, a 169-unit rental tower that will be the tallest in the city’s Bergen-Lafayette neighborhood.

Residential & Mixed Use
Advance debuts 20,000 sq. ft. of indoor amenities at new 399-unit Harrison rental project

Advance Realty Investors has unveiled more than 20,000 square feet of indoor amenity space at The Wyldes, its newest luxury apartment building in Harrison’s Riverbend District.

Residential & Mixed Use
Cervelli: Leasing launches at new boutique Jersey City apartment building

Leasing is underway at a new 18-unit apartment building in Jersey City’s burgeoning McGinley Square section, where a developer is offering both loft-style and modern luxury rentals.

Finance & Capital Markets
JLL sources $50 million loan for new 177-unit Clark rental property

The developer of a newly built, 177-unit luxury apartment property in Clark has secured nearly $50 million in financing for the asset, in a deal arranged by JLL.

Residential & Mixed Use
Final townhome at Hoboken’s Wonder Lofts on the market for $2.8 million

The final townhome-style condominium at the distinctive Wonder Lofts project in Hoboken has hit the market for just under $2.8 million.

Events
Strength and stability: Panelists say long-term leadership in business, government is central to New Brunswick’s highly touted revival

Leveraging its key assets and the vast resources of business, academic and political leaders in New Brunswick has been a hallmark of the city’s economic revival in recent decades, panelists said during a program hosted by Real Estate NJ, as they discussed the philosophical and financial partnerships behind billions of dollars in public- and private-sector redevelopment.

Residential & Mixed Use
Iron Ore starts construction after inking loan for new 39-unit rental project in Cranford

Iron Ore Properties LLC has secured construction financing for a project that will bring 39 new apartments to downtown Cranford, in the latest piece of a four-phase redevelopment.

Government & Public Policy
EDA adopts changes to Aspire tax credit program amid higher development costs, increased need for affordable housing

The state has approved several key changes to Aspire, the tax credit program for developers, as it looks to expand eligibility and ensure its continued role in affordable housing production.