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
Chilmark inks $2.1 million apartment sale in Kearny

A private seller has reaped more than $2 million from the sale of a 17-unit multifamily property in Kearny, according to brokers with Chilmark Real Estate Services.

Finance & Capital Markets
JLL inks $49 million refi loan for Texas multifamily project

The developer of a 306-unit multifamily project near Fort Worth, Texas, has refinanced for $49.1 million, under a transaction arranged by JLL’s New Jersey capital markets team.

Finance & Capital Markets
KRE Group, Russo secure $71 million loan for 345-unit rental project in Morris County

Kushner Real Estate Group and Russo Development have broken ground on 345 luxury apartments in Morris County, having secured a $71 million construction loan for the project.

Residential & Mixed Use
Piscataway: Developers launch leasing at 110-unit rental community

A joint venture has announced the launch of leasing at a new 110-unit luxury rental community in Piscataway.

Finance & Capital Markets
JLL: Developer lands permanent financing for new Union rental project

The developer of an 80-unit luxury apartment building in Union has secured permanent financing for the property, in a transaction arranged by JLL.

Professional Services
Clarke Caton Hintz names new principal

Clarke Caton Hintz has named a new principal, elevating a longtime leader with the architecture industry’s top trade association.

Sponsored Content
Professional Spotlight: Gilbane Building Co.

Because of Gilbane Building Company’s diverse expertise and capabilities across multiple market segments, we are able to work with a broad base of clients on an array of project types. Our clients range from leading pharmaceutical and life science, health care, financial services, tech and telecom companies to retail, residential and commercial developers, education, public sector and more.

Government & Public Policy
Jersey City, Kushner Cos. settle lawsuit over One Journal Square project

Jersey City and Kushner Cos. have settled a two-year-old lawsuit over a massive residential project in the city, ending a bitter public feud and clearing the way for construction.

Residential & Mixed Use
Walters completes five of nine buildings at Howell rental project

Development firm Walters has welcomed its first residents to a 72-unit affordable housing community in Howell, where full build-out is slated for the end of this year.

Residential & Mixed Use
Bayonne development sites change hands, slated for multifamily projects

Three multifamily development sites in Bayonne have changed hands for a combined $2.58 million, in a set of transactions brokered by The Kislak Co. Inc.