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.

Retail
Pierson inks deal to bring Mexican eatery, tequila bar to Veris Residential tower in Jersey City

A restaurant group is bringing a Mexican eatery and tequila bar to Jersey City, where it has leased 8,000 square feet at a new apartment tower built by Veris Residential Inc.

Residential & Mixed Use
Denholtz adds regional manager for growing Southeast multifamily portfolio

Denholtz Properties has hired a new multifamily regional manager for its growing apartment portfolio in the Southeast, the Red Bank-based firm announced.

Residential & Mixed Use
Latest piece of luxury rental project in Woodbridge slated for June opening

A developer is set to open the newest building at a 335-unit luxury apartment complex at the junction of Route 1 and the Garden State Parkway in Woodbridge.

Health Care & Education
Liberty Science Center breaks ground on STEM high school at SciTech Scity project

The Liberty Science Center has broken ground on a new high school at its large SciTech Scity development in Jersey City, where plans also call for an incubator facility and hundreds of apartments for scientists, students and other users at the site.

Finance & Capital Markets
Wells Fargo inks $150 million construction takeout loan for 424-unit Hoboken rental project

Intercontinental Real Estate Corp. has secured $150 million in financing from Wells Fargo for a 424-unit luxury apartment in western Hoboken.

Residential & Mixed Use
Adoni joins Franklin Lakes mayor to open new 52-unit luxury rental building

Local officials in Franklin Lakes joined Adoni Property Group recently to mark the opening of the firm’s new 52-unit luxury apartment building in the borough.

Retail
Grid: Fitness chain takes 5,000 sq. ft. at Jersey City condo building

A new gym is coming to downtown Jersey City after leasing 5,000 square feet at the base of a luxury condominium building, under a deal arranged by Grid Real Estate.

Residential & Mixed Use
Walters launches preleasing at new 25-unit affordable housing property in Montvale

Walters has launched preleasing at what will be a new 25-unit, income-restricted apartment property in Montvale, the developer announced this week.

Residential & Mixed Use
Developers open sky lounge, roof terrace among new amenities at Rahway rental project

A development team has unveiled a series of new amenities for residents at a multiphase, 225-unit luxury apartment complex in downtown Rahway.

Residential & Mixed Use
South Jersey apartments change hands, as Gebroe-Hammer touts $182 million in Q1 deals

An investor has acquired some 230 apartments in and around southwestern New Jersey, capping off more than $182 million in first-quarter deals brokered by Gebroe-Hammer Associates.