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
Kislak: Investor buys 130-unit Vineland apartment complex for $18.3 million

A private investor has purchased a 130-unit garden apartment complex in Vineland for more than $18 million, in a newly completed deal by The Kislak Co. Inc.

People
Bergman names new director of acquisitions

Bergman Real Estate Group has announced a new hire to spearhead acquisitions activity and expand its portfolio across a variety of asset classes.

Residential & Mixed Use
Skylight, PCCP acquire 276-unit Fort Lee rental property for $117 million, CBRE says

A joint venture has acquired 276 luxury apartments in Fort Lee for $116.5 million, marking another high-profile addition to its portfolio along the Hudson waterfront.

Residential & Mixed Use
Edgewood affiliate breaks ground on project with 360 rentals, hotel in Gloucester Twp.

Construction is underway on a project that will bring 360 apartments and a hotel to a site that’s adjacent to Route 42 and just minutes from Camden County College in Gloucester Township.

Residential & Mixed Use
Cervilli inks sale of 104-unit senior housing complex in Atlantic City

The site of a 104-unit affordable housing property in Atlantic City has changed hands, in a recent transaction by Cervelli Real Estate.

Finance & Capital Markets
LCD Commercial sources $3.6 million loan for 33-unit Paterson housing portfolio

The owner of a 33-unit housing portfolio in Paterson has secured more than $3.6 million in financing for the properties, according to Totowa-based LCD Commercial Lending.

Residential & Mixed Use
Developer inks $88 million sale of 242-unit rental property under construction in Carteret

Forte Real Estate Development has sold a nearly completed, 242-unit luxury apartment building in Carteret for $87.5 million, borough officials announced last week.

Photos
Kokes Properties takes part in local community day as construction continues in Riverside

Kokes Properties is taking steps to further strengthen its ties to the Burlington County township of Riverside, the site of its new multifamily development, including participation in an annual community day organized by local officials.

Residential & Mixed Use
Kislak inks sale of 68-unit Essex County apartment portfolio for $8 million

A third-generation apartment owner has sold a two-property, 68-unit portfolio in Essex County for $8 million, in a deal arranged by The Kislak Co. Inc.

Deals
Family-owned commercial buildings, seven-bedroom home sold in South Jersey

Vantage Commercial has brokered the sale of two commercial properties and a single-family home in southern New Jersey, working on behalf of a family estate.