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.

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.

People
Saxum names new senior development manager after recent promotion

Saxum Real Estate has announced the promotion of Brandon Alviano to senior development manager.

Residential & Mixed Use
Cervelli tapped to manage 316-unit affordable housing portfolio in Hudson, Monmouth counties

The owner of a 10-building, 316-unit affordable housing portfolio in the state has tapped Cervelli Real Estate & Property Management to oversee the assets.

Events
NPLA Conference unveils speaker, entertainment lineup for June event in Atlantic City

The organizer of the nation’s largest private lending conference, slated for mid-June, has unveiled the event’s lineup of networking, education and entertainment.

Residential & Mixed Use
Walters breaks ground on five buildings at planned 67-unit oceanfront project in Brick

Walters has broken ground on another five buildings in Brick Township, where it’s rebuilding an oceanfront community that was decimated by Hurricane Sandy.

Residential & Mixed Use
Larken marks completion of new 254-unit luxury rental complex in Whitehouse Station

Larken Associates has unveiled its new 254-unit multifamily development in Readington, adding another completed project to its growing residential portfolio.

Events
Kokes Properties earns Shore Builders’ distinguished BEAM Award

The Shore Builders Association of Central New Jersey has honored Kokes Properties with its most prestigious award, recognizing the firm’s commitment to the organization as well as its positive impact on the local industry.