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.

District 15Fifteen in Parsippany welcomes first residents, as momentum builds for retail leasing

A major mixed-use development is taking shape along Route 10 in Parsippany, with residents now moving in and a flurry of leasing activity at the property’s retail space.

The ‘builders’ remedy’ strategy — and why it’s flawed

The “builders’ remedy” method, as an approach to solving New Jersey’s affordable housing crisis, is having a devastating impact across the Garden State. Many other options exist, options that should be squarely on the table. A shining example of these options is the construction of special needs and workforce housing, to name just some.

JCMLiving debuts 295 rentals at landmark Wesmont Station district in Wood-Ridge

JCMLiving has completed a new 295-unit apartment building in Wood-Ridge, marking the final residential phase in the sweeping Wesmont Station project that spans nearly two decades.

JLL tapped to sell 98-unit apartment building near Asbury Park oceanfront

The owner of a 98-unit apartment building near the famed Asbury Park boardwalk is seeking a buyer for the property, according to a listing team with JLL.

Russo, Pulte complete deal for 136-unit townhome development site in Kearny

Russo Development has sold a parcel in Kearny with approvals in place for 136 luxury townhomes along the Passaic River, brokers with JLL announced Wednesday.

Greystar named leasing team for Denholtz, LMC rental portfolio in North Carolina

Denholtz and Lansing Melbourne Group have picked Greystar as the leasing agent for a portfolio of more than 300 new luxury apartments outside Charlotte.

CIS starts construction on 102-unit affordable housing property in Manalapan

Community Investment Strategies has broken ground on a project that will bring more than 100 income-restricted apartments to Manalapan, the firm announced Tuesday.

Procida lands $140 million refi from Madison, Pearlmark for Cherry Hill residential project

Procida Funding & Advisors has secured a $140 million loan to complete and lease up Plaza Grande, a long-awaited age-restricted, 507-unit residential development in Cherry Hill.

Journal Square building with 36 apartments, retail space listed for sale

The owner of a 36-unit apartment building in Jersey City’s surging Journal Square district has tapped CBRE to market the property for sale.

Buyer wanted for partially built, 74-unit rental project in Montclair, JLL says

The site of a partially completed 74-unit apartment building in downtown Montclair is on the market for sale, in a newly launched offering by JLL.