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
Connell tops out 179-unit rental project at The Park in Berkeley Heights

The Connell Co. has hit another construction milestone at The Park, its flagship campus in Berkeley Heights, where the site’s first luxury apartment building is quickly taking shape.

Residential & Mixed Use
Woodmont, Canoe Brook launch leasing at 199-unit Randolph rental property

Woodmont Properties and Canoe Brook Development have unveiled their latest joint venture, launching leasing at a 199-unit luxury rental property along Route 10 in Randolph.

Top News
Onyx named first official supporter for FIFA World Cup New York New Jersey Host Committee

Onyx Equities is set to play a major role in next year’s FIFA World Cup, announcing Wednesday that it has become the first official supporter for the New York New Jersey Host Committee.

Government & Public Policy
Newark Alliance unites three city organizations to expand key growth initiatives

Three of Newark’s key economic development organizations have come together in a move to further their missions while streamlining their efforts to enhance the state’s largest city.

Residential & Mixed Use
Developer buys would-be residential site in Union City for $2.6 million, Marcus says

A residential development site in Union City has changed hands for more than $2.6 million, according to a brokerage team with Marcus & Millichap.

Residential & Mixed Use
Developers break ground on 230-unit Watchung rental project just west of Route 22

A joint venture has closed on the site of a planned six-building, $104 million project that will bring 230 luxury apartments to Watchung, where construction is now underway.

Finance & Capital Markets
Kaplan snags $36 million construction loan for 142-unit Sayreville rental project, JLL says

Kaplan Cos. has secured a $36 million construction loan for a planned six-building, 142-unit multifamily project in Sayreville, in a newly announced deal by JLL.

Residential & Mixed Use
Berkadia lists fully approved development site for 172 luxury rentals in Fort Lee

A private family office is looking to sell a Fort Lee development site with approvals in place for a 172-unit luxury residential project, tapping Berkadia as its listing team for the property.

Residential & Mixed Use
Veerman: Family sells 24-unit Bayonne rental property for $4.4 million

The longtime owners of a 24-unit apartment building in Bayonne have sold the property for $4.4 million, according to a brokerage team with Veerman Asset Management.

Residential & Mixed Use
Sage: Woodmont sells 120-unit Warren County rental property for $43 million

Woodmont Properties has reaped nearly $43 million from its sale of a new 120-unit luxury rental community outside Hackettstown, brokers with Sage Investment Real Estate Advisors said.