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
Newmark Associates closes sale of 2,100 sq. ft. Mendham commercial building

The site of a historic mixed-use building in Mendham’s business district has changed hands, in a newly announced deal by Newmark Associates CRE.

Residential & Mixed Use
Berkadia: Investor buys 33-unit Newark apartment building for $4.3 million

An investor has purchased a 33-unit apartment building in Newark for $4.3 million, in one of several recent deals by Berkadia’s New Jersey team.

Residential & Mixed Use
LeFrak lands planning board approval for two-tower, 322-unit rental project in Jersey City

LeFrak has secured a key approval to build another 322 apartments in Jersey City, joining a growing list of developers in an area just south of Hoboken and west of the Holland Tunnel.

Residential & Mixed Use
Walters eyes 2024 delivery of new 63-unit affordable housing property in Chatham

Walters has broken ground on a new 63-unit apartment community in Chatham, in the latest piece of the developer’s fast-growing pipeline of affordable housing.

Residential & Mixed Use
Iron Ore hits leasing milestone, rents two-thirds of 120-unit Plainfield apartment building

A development team has leased nearly two-thirds of a new 120-unit apartment building in Plainfield, reaching the milestone less than four months after unveiling the property.

Finance & Capital Markets
Reynolds, Walker & Dunlop secure $6.7 million refi for new Bound Brook apartments

Reynolds Asset Management has refinanced a new 28-unit luxury apartment building in Bound Brook, securing a Fannie Mae loan for more than $6.7 million through Walker & Dunlop.

Events
Supportive housing program Cohome honors Hampshire, Vitolo while celebrating ADA

Members of the state’s commercial real estate industry were among the honorees at a recent gala hosted by Cohome, a program that creates housing opportunities for adults with disabilities.

Residential & Mixed Use
Procida takes over final housing phase of Garden State Park redevelopment in Cherry Hill

Veteran developer and real estate investor Billy Procida has taken control of a key parcel in Cherry Hill, where plans call for 283 homes as part of the redevelopment of the former Garden State Park racetrack.

Residential & Mixed Use
HMFA joins developer to open new 72-unit affordable, supportive housing site in Hamilton

A developer has completed 72 units of supportive housing in Hamilton after a project made possible with funding from the New Jersey Housing and Mortgage Finance Agency.

Professional Services
Moorestown-based Turnkey Title joins Surety family of companies

Surety Title Co. has added to its local and national platform for residential and commercial clients with the acquisition of Turnkey Title, a Moorsetown-based agency.