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
C&W: Summit-based Solomon sells 666-unit rental portfolio near Albany for $82 million

The Solomon Organization has sold a 666-unit apartment portfolio in Upstate New York for $82.4 million, in a deal arranged by Cushman & Wakefield and Pyramid Brokerage Co.

Residential & Mixed Use
Inspired launches sales for new 112-unit upscale condo project in Asbury Park

Inspired by Somerset Development has kicked off sales for more than 100 new condominiums in Asbury Park, adding to the pipeline of luxury for-sale housing along the city’s iconic shoreline.

Residential & Mixed Use
Longtime owner sells 34-unit Madison apartment building for $12 million, Berkadia says

An investor has acquired a 34-unit, garden-style apartment building in Madison for nearly $12 million, in a newly announced deal by Berkadia.

Residential & Mixed Use
JLL: Buyer wanted for Edgewater property with 62 apartments, Whole Foods-anchored retail

An upscale retail and residential property in Edgewater is on the market for sale, boasting a tenant roster that’s anchored by Whole Foods and 64 market-rate apartments.

Residential & Mixed Use
Pennrose, officials break ground on new affordable senior housing in New Brunswick

Pennrose has started construction on a project that will bring 66 new age-restricted, affordable housing units to downtown New Brunswick with the help of state and city funding sources.

Finance & Capital Markets
Kennedy Funding inks land loan for Suffern residential parcels

Kennedy Funding has closed a new land loan in connection with a nearly six-acre residential development site in Suffern, New York, just north of the New Jersey state line.

Residential & Mixed Use
Landmark eyes debut of new luxury rental projects in Union, Plainfield

Development firm Landmark is set to deliver two new residential properties that will add a combined 185 apartments to its portfolio in Union County.

Residential & Mixed Use
Six-unit North Bergen apartment building trades for $895,000, Cervelli says

Investors have acquired a six-unit apartment building in North Bergen for nearly $900,000, in a deal arranged by Cervelli Real Estate & Property Management.

Residential & Mixed Use
Connell tops out 179-unit rental project at The Park in Berkeley Heights

The Connell Co. has hit another construction milestone at The Park, its flagship campus in Berkeley Heights, where the site’s first luxury apartment building is quickly taking shape.

Residential & Mixed Use
Woodmont, Canoe Brook launch leasing at 199-unit Randolph rental property

Woodmont Properties and Canoe Brook Development have unveiled their latest joint venture, launching leasing at a 199-unit luxury rental property along Route 10 in Randolph.