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.

Jersey City building with urgent care, apartments fetches $6.6 million

Marcus & Millichap has negotiated the $6.6 million sale of a 6,150-square-foot mixed-use property at 340 Grove St. in Jersey City.

CBRE inks $37 million sale of six-year-old Newark apartment building

The developer of a 152-unit luxury apartment complex in Newark’s University Heights neighborhood has sold the property for $36.5 million, according to brokers with CBRE.

C&W sources $72 million refi for 280-unit Advance rental property in Harrison

Advance Realty Investors has refinanced a recently developed, 280-unit luxury apartment building in Harrison for $72 million, in a deal sourced by Cushman & Wakefield.

G.S. Wilcox inks $103 million loan for new 428-unit rental property in Union Twp.

Russo Development has secured $103 million in financing for a new collection of 428 luxury apartments in Union Township, under a deal arranged by G.S. Wilcox & Co.

Accurate Builders plans 11 buildings, 4,200 units for Newark stadium site redevelopment

A developer is eyeing a potential spring groundbreaking for an 11-building project that would bring 4,200 residential units and other amenities to the former Newark Bears stadium site.

Joint venture marks latest milestone at new West Side rentals in Jersey City

The developers of a new luxury apartment building on Jersey City’s West Side are touting continued momentum after recently debuting another 68 units at the property.

The best of The Briefing 2021

Dear readers, As we look ahead to 2022, we’re excited to look back at our top stories of 2021, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. Happy…

MHS Architects announces promotion of interior design associate

Marchetto Higgins Stieve Architects has promoted a key member of its interior design team.

Investor buys 28 units at Madison condo complex, C&W says

Drew University has sold 28 units at a Madison condominium property, in a newly announced deal by Cushman & Wakefield.

J&L, Sordoni host holiday toy drive to benefit Newark church

A development team in Newark has partnered with a local church to collect and distribute hundreds of toys, art materials and books to dozens of children in the city.