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
NRP, Hoboken Brownstone open 131 luxury apartments in Jersey City

A joint venture has completed a new 131-unit luxury apartment building in Jersey City, marking the latest addition to a growing residential neighborhood near the Holland Tunnel.

People
Larken welcomes new human resource director

Larken Associates has named a new human resource director to help guide its Branchburg-based team of 150 employees.

Sponsored Content
Real Estate NJ’s 2022 Market Forecast

Every year has its ups and downs. Every market has highs and lows. Both were true when it came to New Jersey’s commercial real estate sector in 2021, a year that marked ongoing dominance for some asset classes, as COVID-19 continued to loom over others. Whether those trends endure in 2022 remains to be seen, but we’ve recruited some of the industry’s most prominent developers, service providers and insiders to help set the stage. You can find their predictions, insights and more in our special 2022 Market Forecast.

Residential & Mixed Use
Investor buys nearly complete, 40-unit rental building in Jersey City for $16 million

An investment group has expanded its holdings in Jersey City with the acquisition of a new boutique apartment building that is in the final stages of construction.

Finance & Capital Markets
Northmarq sources $67 million in financing for 376-unit Applied housing portfolio

The owner of three affordable housing properties in Hudson County has secured nearly $67 million in financing for the portfolio, according to an advisory team with Northmarq.

Professional Spotlight
C&W adds veteran multifamily broker as vice chairman in New Jersey

Cushman & Wakefield has made another key addition in New Jersey, hiring a veteran broker who will help bolster its investment sales team in the multifamily sector.

Finance & Capital Markets
Greystone: MBC inks $30 million construction loan to kick off Jersey City redevelopment

A developer has landed a $30 million construction loan for an 80-unit apartment building in Jersey City, according to a debt placement team with Greystone.

Finance & Capital Markets
JLL: Ironstate refinances Hoboken apartment tower for $36 million

The owner of a 150-unit apartment tower in downtown Hoboken is refinancing the property for nearly $36 million, in a deal arranged by brokers with JLL.

Residential & Mixed Use
Woodmont breaks ground on 120-unit luxury rental complex in Warren County

Woodmont Properties has broken ground on its latest multifamily project, with plans calling for 120 luxury apartments just west of Hackettstown in Warren County.

Residential & Mixed Use
OneWall sells 301-unit East Orange workforce housing portfolio for $53 million

An apartment owner has sold a five-building, 301-unit portfolio in East Orange for $53 million, under a transaction arranged by CBRE.