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
Skyline wins key approvals for Jersey City project with 420 rentals, community space

A development that would bring 420 new apartments, market-style retail space and a recreation center to Jersey City is moving ahead after securing two key local approvals.

Health Care & Education
Speech, language therapy business takes space at Eastampton apartment building

A speech and language therapy practice has signed a lease at the base of an apartment building in Burlington County, according to a broker with Vantage Commercial.

Residential & Mixed Use
Construction begins on new 125-unit Princeton apartment project, WinnCompanies says

WinnCompanies has broken ground on a $63 million project that will bring 125 luxury apartments to Princeton, with plans to expand a nearby park as part of the development.

People
Larken promotes Dorell to director of design

Larken Associates has promoted Jillian Dorell to director of design, touting her role in several of the commercial real estate firm’s recent development projects.

Government & Public Policy
Perth Amboy taps city native as executive director of redevelopment agency

The Perth Amboy Redevelopment Agency has named a lifetime city resident and longtime public servant as its new executive director.

Residential & Mixed Use
Kislak brokers sale of 58-unit apartment complex in New York’s Southern Tier

The longtime owners of a 58-unit apartment complex in New York’s Southern Tier has sold the property for $2.83 million, in a deal arranged by The Kislak Co. Inc.

Finance & Capital Markets
Progress Capital sources $15 million construction loan for 57-unit Roselle Park project

A developer has landed a nearly $15 million construction loan for a planned 57-unit apartment building in Roselle Park, in a deal arranged by Progress Capital.

Finance & Capital Markets
HSF inks $53 million construction loan for 135-unit North Bergen rental project

The developer of a new 10-story, 135-unit luxury apartment building in North Bergen has secured nearly $53 million in financing from HALL Structured Finance.

Residential & Mixed Use
Jersey City public housing complex to be rebuilt with 631 affordable, market-rate units

More than 600 new apartments and condominiums are coming to the site of an 80-year-old public housing complex in Jersey City, officials said, under a plan that would include both lower-income and market-rate units and a new branch of the city’s public library.

Retail
Starbucks, Jersey Mike’s among new retailers at Hackensack’s Print House, NAI Hanson says

Starbucks and Jersey Mike’s are coming to a mixed-use community at the former Bergen Record site in Hackensack, joining previously announced retail tenants such as Blue Foundry Bank and Hackensack Meridian Health at the River Street property.