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.

Thought leaders in electric and autonomous vehicles consider New Jersey’s mobility future

Every day brings news about the market growth of electric vehicles. But before the conversion to fully electric, self-driving vehicles comes to fruition, New Jersey must provide the infrastructure for this coming transportation revolution to thrive.

Investor sells 115-unit garden apartment portfolio in Newton for $22 million, Kislak says

An investment firm has sold a three-property, 115-unit apartment portfolio in Sussex County for more than $22 million, in a newly announced deal by The Kislak Co. Inc.

CMC inks $6.4 million construction loan for Fanwood apartment, retail project

A developer has landed a $6.4 million construction loan for a project that would bring 24 new apartments and retail space to Fanwood, according to Commercial Mortgage Capital.

Buzzworthy

As you’ll read in this month’s cover story, the large, high-profile office deal is alive and well in the pandemic’s aftermath, as blue-chip employers make major investments in their physical footprint. That’s evident by several outsized leases in New Jersey this year of 100,000 square feet or greater, and market experts say there are likely more to come, as corporations look to support their growth while creating a “commute-worthy” environment for its distributed workforce.

Provident, Lakeland to merge in $1.3 billion deal that will fortify CRE lending platforms

Provident Bank and Lakeland Bank are joining forces under a $1.3 billion merger announced Tuesday, bringing together two key lenders in the state’s commercial real estate sector.

Diversified Properties taps Leifer as director of acquisitions, development

Diversified Properties has hired a longtime real estate executive as its new director of acquisitions and development, the Montville-based firm announced.

Kislak inks sale of 59 apartments in Harrisburg for $5.25 million

The Kislak Co. Inc. has brokered two new multifamily trades in Central Pennsylvania, arranging the sale of 59 units for a combined $5.25 million, the Woodbridge-based firm announced.

DMR Architects: You build trust by trusting people
"You build trust by trusting people." — Lloyd Rosenberg, President & CEO That philosophy has allowed DMR Architects to become a top architecture, interior design and professional planning firm, with a practice that is among the industry’s most diverse and…
Northmarq inks $9 million refi of 54-unit Hackensack rental building

The owner of a 54-unit apartment building in Hackensack has secured $9 million to refinance the property, in a transaction arranged by Northmarq.

Hudson Bay eyes sweeping redevelopment plan for Lord & Taylor site, downtown Westfield

Hudson’s Bay Co. has unveiled a plan to transform the site of a vacant Lord & Taylor building in downtown Westfield and several adjacent blocks, with a proposal that includes nearly 340,000 square feet of office and retail space and more than 200 residential units.