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.

People
Doyle joins Red Bank-based Denholtz as human resources director

Denholtz has hired Kira Doyle as its new director of human resources, adding a seasoned professional in the space to support its growing team.

Residential & Mixed Use
Marcus: Buyer wanted for approved 2,400-unit development site in downtown Newark

The owner of a high-profile development site in Newark — where city officials have approved plans for more than 2,400 new residential units — has put the property on the market.

Finance & Capital Markets
Developer inks $81 million refi of new 200-unit rental property in Jersey City, C&W says

The owner of a new 200-unit luxury apartment building in Jersey City has refinanced the property for $81 million, brokers with Cushman & Wakefield announced Tuesday.

Residential & Mixed Use
District 15Fifteen in Parsippany welcomes first residents, as momentum builds for retail leasing

A major mixed-use development is taking shape along Route 10 in Parsippany, with residents now moving in and a flurry of leasing activity at the property’s retail space.

Guest Columns
The ‘builders’ remedy’ strategy — and why it’s flawed

The “builders’ remedy” method, as an approach to solving New Jersey’s affordable housing crisis, is having a devastating impact across the Garden State. Many other options exist, options that should be squarely on the table. A shining example of these options is the construction of special needs and workforce housing, to name just some.

Residential & Mixed Use
JCMLiving debuts 295 rentals at landmark Wesmont Station district in Wood-Ridge

JCMLiving has completed a new 295-unit apartment building in Wood-Ridge, marking the final residential phase in the sweeping Wesmont Station project that spans nearly two decades.

Residential & Mixed Use
JLL tapped to sell 98-unit apartment building near Asbury Park oceanfront

The owner of a 98-unit apartment building near the famed Asbury Park boardwalk is seeking a buyer for the property, according to a listing team with JLL.

Residential & Mixed Use
Russo, Pulte complete deal for 136-unit townhome development site in Kearny

Russo Development has sold a parcel in Kearny with approvals in place for 136 luxury townhomes along the Passaic River, brokers with JLL announced Wednesday.

Residential & Mixed Use
Greystar named leasing team for Denholtz, LMC rental portfolio in North Carolina

Denholtz and Lansing Melbourne Group have picked Greystar as the leasing agent for a portfolio of more than 300 new luxury apartments outside Charlotte.

Residential & Mixed Use
CIS starts construction on 102-unit affordable housing property in Manalapan

Community Investment Strategies has broken ground on a project that will bring more than 100 income-restricted apartments to Manalapan, the firm announced Tuesday.