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
Developer sells 15-unit Cliffside Park apartment building for $6.5 million, Veerman says

The developer of a 15-unit apartment building in Cliffside Park has sold the property for $6.5 million, in a newly announced deal by Veerman Asset Management.

Top News
Procida joins developer, local officials to unveil final phase of Northvale condos

Paris Square at 199 Paris Ave. in Northvale — Courtesy: Procida Funding By Joshua Burd A development team has marked the long-awaited completion of an age-restricted, 111-unit condominium complex in the Bergen County borough of Northvale. Procida Funding, a lender…

Residential & Mixed Use
Jersey City approves redevelopment, affordable housing pact for first phase of Bayfront

Plans to transform Jersey City’s massive Bayfront property took a key step forward this week with the approval of a redevelopment agreement for the first phase, a proposed 209-unit building with more than a third of its apartments reserved for lower-income renters.

Residential & Mixed Use
CHA unveils 66-unit luxury apartment building in downtown Wharton

Development firm CHA Partners has taken the wraps off a new 66-unit luxury apartment building in Morris County, touting a downtown location that is minutes from mass transit.

Finance & Capital Markets
G.S. Wilcox inks $60 million loan for ‘Print House’ as Hackensack project opens for leasing

The development team behind a new 271-unit luxury apartment building in Hackensack has closed on $60 million in financing, in a newly announced deal by G.S. Wilcox & Co.

Residential & Mixed Use
Kislak inks sale of 127-unit Monmouth rental portfolio for $34 million

A portfolio of nearly 130 apartments in Monmouth County has changed hands for $34 million, in a newly announced transaction by The Kislak Co. Inc.

Residential & Mixed Use
KRE hits new leasing milestone at multiphase Bayonne residential project

Kushner Real Estate Group has all but leased up more than 400 units at its new luxury rental property in Bayonne known as Bay 151.

Residential & Mixed Use
New 72-unit Jersey City apartment building trades for $32 million

A family-owned real estate firm has purchased a newly built, 72-unit apartment building in Jersey City for nearly $32 million, according to a brokerage team with JLL.

People
Kislak promotes two in marketing, brokerage roles

The Kislak Co. Inc. has announced two promotions on its marketing and brokerage teams.

People
Kauffman to step down from full-time duties with NRBP

Barbara E. Kauffman, the longtime executive vice president and chief operating officer at the Newark Regional Business Partnership, will step down from the full-time role this fall.