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.

Finance & Capital Markets
JLL: Hekemian & Co. inks $78 million refi of new Hackensack apartments

An affiliate of Hekemian & Co. has landed a $78 million loan to refinance a new 254-unit luxury apartment building in Hackensack, in a transaction arranged by JLL.

Professional Services
Kitchen & Associates names new managing principal after more than a decade

Design firm Kitchen & Associates has named a new managing principal to help guide its continued growth across the multifamily sector.

Residential & Mixed Use
CBRE: OneWall sells 44-unit East Orange apartment building in latest Essex County deal

Workforce housing investor OneWall Communities has sold a 44-unit apartment building in East Orange, marking the latest deal involving its Essex County portfolio.

Professional Services
Mancini Duffy acquires fellow design firm, details expanded headquarters

Design firm Mancini Duffy has announced its acquisition of Gertler & Wente Architects, in a move aimed at further growing its footprint in health care, multifamily and other sectors.

Residential & Mixed Use
Developer sells newly built 88-unit Hackensack apartment building for $39 million

The developer of a new 88-unit luxury apartment building in downtown Hackensack has sold the property for nearly $39 million, in a deal arranged by The Kislak Co. Inc.

Retail
Piscataway parcels trade for combined $3.3 million, Boniakowski says

Three adjacent parcels in Piscataway are under new ownership after a series of newly announced transactions by The Boniakowski Commercial Real Estate Group.

Professional Services
Dresdner Robin touts design, engineering work at new 232-unit Belleville rental complex

Land-use consultancy Dresdner Robin is detailing its role in the recently completed, 232-unit luxury apartment complex in Belleville known as SilverLake.

Office
Boniakowski inks new commercial lease, apartment sale in Somerset County

A tattoo business has leased 2,400 square feet of office space in Somerset County, in one of two newly announced deals by The Boniakowski Commercial Real Estate Group.

Finance & Capital Markets
JLL sources $105 million loan for recent Long Island multifamily sale

An apartment owner has landed nearly $105 million in financing to acquire a new 260-unit property on Long Island, in a deal by JLL’s Morristown-based capital markets team.

Residential & Mixed Use
Newark apartments backed by Queen Latifah slated for summer preleasing

Construction is underway on a long-awaited, 76-unit apartment complex in Newark whose development team includes music and film star Queen Latifah, a city native.