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.

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.

Residential & Mixed Use
Gebroe-Hammer inks sale of 39-unit Bloomfield apartment building

A private investor has purchased a 39-unit apartment building in southeastern Bloomfield, under a newly announced deal by Gebroe-Hammer Associates.

Retail
Prism inks lease with Woodbridge salon, its third retail user at new 232-unit apartment building

Prism Capital Partners has signed another retail lease at its new downtown apartment building in Woodbridge, attracting a family-owned salon with deep ties to the central business district.

Residential & Mixed Use
Veris Residential eyes debut of new 750-unit, ecofriendly apartment tower in Jersey City

Veris Residential Inc. has unveiled a new 56-story, 750-unit apartment tower in Jersey City with what it says is a focus on water efficiency, green energy and other sustainability features.

Professional Services
Deugen welcomes new team members in construction, development roles

Deugen Development has announced four new hires to bolster its development and construction teams.

Government & Public Policy
EDA issues call for information to help launch fund for minority, women-owned developers

The state’s Economic Development Authority is seeking input from minority- and women-owned development firms, as it lays the groundwork for a $20 million funding program to help improve diversity in the real estate industry.

Residential & Mixed Use
Pulte continues growth in New Jersey with key partnerships at transit hub developments

PulteGroup has become a key player in some of New Jersey’s largest mixed-use, transit-centric redevelopments over the past decade, having delivered or broken ground on some 1,300 for-sale homes near train stations in partnership with several leading developers.