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.

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Denholtz Properties names regional manager to oversee growing multifamily portfolio

Denholtz Properties has named Kayte Peters as multifamily regional manager to help support the continued expansion of its national portfolio in the asset class.

Residential & Mixed Use
Hudson Atlantic touts $200 million in first half volume after sales totaling more than 1,000 units

Brokerage firm Hudson Atlantic Realty is marking more than $200 million in transaction volume in the first half of 2022, having arranged the sale of more than 1,000 apartments across 11 deals.

Residential & Mixed Use
S. Hekemian Group unveils new luxury rentals, in latest step to revive ex-Mercedes campus

The S. Hekemian Group has unveiled the first of two apartment buildings in Montvale that will house a combined 308 units, marking the latest step in its plan to redevelop the former Mercedes-Benz USA headquarters campus in the borough.

Residential & Mixed Use
Investors trade 53-unit apartment portfolio in Woodbridge, Marcus & Millichap says

A private investor has sold a three-building, 53-unit apartment portfolio near downtown Woodbridge, according to an investment sales team with Marcus & Millichap.

Residential & Mixed Use
JLL: AvalonBay sells 617-unit Westchester rental property in deal with Harbor Group, Azure

AvalonBay Communities Inc. has sold a 617-unit multifamily property in New York’s Westchester County, in a deal arranged by JLL’s Morristown-based capital markets team.

Residential & Mixed Use
Gebroe-Hammer inks sale of Orange apartments, with deals totaling $979 million at midyear

A private investor has purchased a 120-unit apartment building in Orange for more than $22 million, brokers with Gebroe-Hammer Associates announced, touting the firm’s completion of nearly $1 billion in multifamily investment sales during the first half of 2022.

Residential & Mixed Use
JLL: Parsippany apartments fetch $83 million in deal involving Harbor Group, DSF affiliates

A global investment firm has sold a 212-unit luxury apartment building in Parsippany for more than $80 million, allowing a Boston-based buyer to expand its holdings in the state.

Residential & Mixed Use
Tulfra, Hampshire mark lease-up of new 180-unit rental community in North Haledon

Tulfra Real Estate and The Hampshire Cos. have completed their lease-up of a new 180-unit luxury apartment development in the Passaic County borough of North Haledon.

Residential & Mixed Use
Hudson Atlantic: Stratford apartments trade for first time in 60 years, fetching $9.5 million

The owner of an 82-unit apartment complex in Camden County has sold the property for the first time in its 59-year history, in a deal arranged by Hudson Atlantic Realty.

Residential & Mixed Use
Claremont completes sale of 240-unit Park Ridge property to Veris Residential

A development team has completed its sale of a new 240-unit luxury apartment building in Park Ridge, commanding $130 million for the property in a deal with Veris Residential Inc.