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.

Developers tout fast start at Long Branch condo project (SLIDESHOW)

A development group has launched preconstruction sales at a collection of more than two dozen luxury homes along the Long Branch waterfront.

Kokes Properties hires Rutgers grad, former intern as development associate

Kokes Properties has added to its growing team with the hiring of a development associate.

JLL makes two promotions on New Jersey capital markets team

JLL has announced two promotions within its New Jersey capital markets office.

Jersey City apartment developer lands $30 million construction loan, Progress Capital says

A developer has secured a $30 million construction loan to complete a 99-unit apartment building in Jersey City, in a newly announced transaction by Progress Capital.

Cronheim inks $7.75 million loan for 25-unit project in Jersey City Heights

A first-time multifamily builder has landed nearly $8 million in financing for a 25-unit project in The Heights section of Jersey City, under a deal arranged by Cronheim Mortgage.

High-rise apartment building in Elizabeth fetches $21 million, Gebroe-Hammer says

The longtime owner of a 109-unit apartment building in Elizabeth has sold the property for more than $21 million, in a newly announced transaction by Gebroe-Hammer Associates.

Connell announces three additions to culinary team at Berkeley Heights campus

The Connell Co. has unveiled three key additions to the culinary team at its sprawling business and hospitality campus along Interstate 78 in Union County.

Smart building tech provides a path to energy savings, sustainability

Landlords and technology firms say tools such as smart meters, sensors and cloud-based platforms can help reduce a building’s carbon footprint, which can come with the equal or greater selling point of cost savings on energy.

NJAA cheers as $350 million rental assistance bill advances in Senate

A bill that would provide $350 million in rental assistance to apartment landlords and tenants has moved ahead in the state Senate, drawing support from the multifamily industry.

EDA: Revival of historic Paterson stadium set to begin after approval of ERG award

A development team is moving ahead with plans to revive the historic Hinchliffe Stadium site in Paterson, following approval of a $67 million state tax credit for the project.