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
Newmark: Brooksville, Torchlight snag $98 million acquisition loan for 356-unit Iselin complex

A joint venture has acquired a 356-unit luxury apartment complex in the Iselin section of Woodbridge with the help of a $98 million loan arranged by Newark.

Residential & Mixed Use
GN Management buys Panepinto interest, development rights for 579-unit tower at Harborside 9

Panepinto Properties has sold one of two newly acquired development sites in Jersey City to GN Management, a fellow real estate firm based in the city, setting the stage for the latter to build a 57-story, 579-unit apartment tower alongside another planned high-rise.

Finance & Capital Markets
Kaplan refis new 176-unit Sayreville rental project in $48 million deal by JLL

Kaplan Cos. has closed on $47.5 million in permanent financing for a newly completed, 176-unit luxury apartment complex in Sayreville, brokers with JLL announced Wednesday.

Residential & Mixed Use
Matthews: Longtime owners sell 32-unit West New York portfolio for $4.4 million

A family ownership group has sold a two-building, 32-unit apartment portfolio in West New York for $4.35 million, in a newly announced deal by Matthews.

Finance & Capital Markets
JLL: Panepinto, AJD ink $384 million in debt, equity for 678-unit Jersey City rental project

Developers are planning an early 2026 groundbreaking for a new 678-unit apartment tower in Jersey City after landing $384 million in capital for the project, brokers with JLL said Tuesday.

Finance & Capital Markets
Alpine snags $72 million refi loan for new 201-unit Jersey City rental property, JLL says

Alpine Residential has landed nearly $72 million in permanent financing for a portfolio of 201 newly built apartments in Jersey City’s Bergen-Lafayette section.

Finance & Capital Markets
SK, Berger land $250 million in financing for 396-unit Newark rental project, W&D says

A joint venture’s plan to bring nearly 400 new apartments to downtown Newark is advancing with more than $250 million in capital commitments arranged by Walker & Dunlop.

Residential & Mixed Use
Vango kicks off 60-unit rental project in downtown Westfield, eyes early 2027 delivery

Vango Development has broken ground on a planned 60-unit luxury apartment building in Westfield as part of a long-awaited addition to the Union County town.

Finance & Capital Markets
C&W: Fort Lee’s 309-unit FIAT House project refinances for $85.5 million

The developer of the distinctive FIAT House project in Fort Lee has closed on more than $85 million in financing for the 309-unit property, according to brokers with Cushman & Wakefield.

Residential & Mixed Use
Triangle, Incline unveil 400 rentals in sweeping project at East Orange’s Brick Church Station

The first apartments at a major mixed-use project in East Orange have hit the market, with leasing now underway at the collection of 400 homes at NJ Transit’s Brick Church Station.