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.

Finance & Capital Markets
‘Vinty’ developers ink $97 million loan for new 297-unit Elizabeth rental property, JLL says

The developers of a new 267-unit apartment building in Elizabeth have obtained more than $97 million in financing for the downtown property, brokers with JLL announced Tuesday.

Government & Public Policy
Berkeley Heights makes pitch for investment, development in new marketing campaign

Officials in Berkeley Heights are pushing to attract new private investment, while highlighting a wave of new development already taking place in the Union County township.

Office
LCOR launches leasing for planned 700,000 sq. ft. office building at Hoboken Connect

LCOR has launched its leasing campaign for what will be more than 700,000 square feet of waterfront office space in Hoboken, part of the mixed-use development that’s slated to transform the blocks around the city’s iconic transit terminal.

Residential & Mixed Use
Gebroe-Hammer tapped to sell 90-unit garden apartment complex in downtown Elizabeth

The owner of a two-building, 90-unit garden apartment complex in Elizabeth has retained Gebroe-Hammer Associates to market the property for sale.

Residential & Mixed Use
Kaplan scores 12 ‘FAME’ awards at annual Shore Builders program

Kaplan Cos. is touting another strong showing at an annual homebuilding event, where it grabbed a record 12 awards for its successful leasing and marketing programs.

Residential & Mixed Use
AMS eyes 100-unit senior housing project after acquiring Route 9 development site

AMS Acquisitions has broken ground on a project that will bring a new 100-unit, age-restricted apartment complex to a stretch of Route 9 in Monmouth County.

Office
NAI Hanson: Investor buys 10,000 sq. ft. mixed-use building in Flemington

The longtime owners of a 10,000-square-foot mixed-use building in downtown Flemington have sold the property, according to a broker with NAI James E. Hanson.

Residential & Mixed Use
Developers break ground on Parsippany project with downtown-style retail, 498 apartments

A joint venture has broken ground on its redevelopment of a former suburban office property in Parsippany, with plans calling for 60,000 square feet of retail and restaurant space, 498 luxury apartments and a pedestrian-friendly design meant to evoke a town center.

Residential & Mixed Use
Denholtz, Redwood break ground on 143-unit rental project in downtown Bound Brook

Construction is underway on a project that will add more than 140 apartments to Bound Brook’s fast-growing stock of luxury multifamily buildings.

Residential & Mixed Use
Solomon taps McInerney as COO to replace retiring executive Rosen

The Solomon Organization has named a new chief operating officer, filling a role held by an executive who has retired after nearly four decades with the firm.