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
Bedrin, March offer new look at plans for Hawthorne luxury apartments (SLIDESHOW)

A development team has unveiled new details and design plans for a 118-unit luxury apartment building in Hawthorne, part of a mixed-use project that’s slated to open this summer.

Finance & Capital Markets
Kennedy Funding inks $3.6 million land loan for SoCal commercial, condo project

Kennedy Funding has closed a $3.6 million land loan in connection with a proposed mixed-use development in Southern California, the Englewood Cliffs-based lender announced.

Residential & Mixed Use
Jersey City: Developers unveil 114 rentals in historic Bergen-Lafayette neighborhood

A development team is set to debut a new 114-unit high-end apartment building that has revitalized another piece of Jersey City’s growing Bergen-Lafayette neighborhood.

Professional Services
DMR taps Kapoor as first-ever COO among six new promotions

DMR Architects has named its first-ever chief operating officer alongside five other promotions within its Hasbrouck Heights-based team of more than 40.

People
JDA Group names vice president of operations after latest promotion

JDA Group LLC has announced another promotion on its Hoboken-based team, tapping a property manager as its new vice president of operations.

Deals
Somerset County commercial, apartment building sells for $332,000, Sheldon Gross says

An office and apartment building in Manville has changed hands for $332,000, in a deal arranged by brokers with Sheldon Gross Realty.

Residential & Mixed Use
Pennrose executives step into CEO, president roles as part of new-look leadership team

Multifamily developer Pennrose has started 2022 with a newly configured leadership team, tapping two of its longtime executives for the roles of CEO and president.

Residential & Mixed Use
Leasing activity soars at 507-unit Jersey City rental tower built by KRE, Northwestern

Renters have snapped up more than 400 homes at a newly opened, 507-unit apartment tower in downtown Jersey City, the building’s developers announced Monday.

Residential & Mixed Use
Developer lands approval for 71 apartments in Plainfield, Taylor Architecture says

A proposal that would bring another 71 apartments to Plainfield is moving ahead after securing an approval from the city’s planning board, the project’s design team announced.

Residential & Mixed Use
Kislak: Developer, longtime owner sells Orange County apartments for $7.3 million

The developer of a 48-unit garden apartment complex in New York’s Orange County has sold the property after nearly 60 years, according to The Kislak Co. Inc.