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

Saxum adds to legal, construction and leasing teams with newest hires

Saxum Real Estate has announced four new hires aimed at bolstering its legal, project management and leasing teams.

Residential & Mixed Use

Joint venture acquires 100-unit upscale apartment complex in Edgewater

An investment group has completed its first deal with the purchase of a 100-unit luxury apartment complex in Edgewater, in a transaction arranged by brokers with JLL.

Finance & Capital Markets

Northmarq: Edgewater Park apartment owner refis for $17 million

The owner of a 296-unit apartment complex in Burlington County has refinanced the property for $16.9 million, under a deal arranged by Northmarq’s New Jersey office.

Government & Public Policy

Builders, public officials look to confront New Jersey’s housing supply and affordability crisis

Homebuilders joined key public officials at the Atlantic Builders Convention last month to confront New Jersey’s housing supply and affordability crisis, pledging a spirit of cooperation as they search for solutions.

People

Woodmont adds four team members amid growing development, investment platform

Woodmont Properties has announced four new hires to support its ongoing growth and expansion across multiple asset classes throughout the region.

Residential & Mixed Use

NAI DiLeo-Bram: New apartments coming to Plainfield building after $1.25 million sale

An investment group is set to build a dozen new apartments inside an existing commercial building in Plainfield, following a sale arranged by NAI DiLeo-Bram & Co.

Residential & Mixed Use

Russo unveils 296-unit rental project at Garwood train station

Russo Development has launched leasing at a new 296-unit high-end apartment building in Garwood, seeking to lure renters to a site that is steps from commuter rail service.

Residential & Mixed Use

JLL: AvalonBay sells 632-unit rental property minutes from downtown Princeton

AvalonBay Communities Inc. has sold a 19-building, 632-unit apartment development just outside Princeton, in a newly announced transaction by JLL.

People

JDA Group executive promoted to vice president

Commercial real estate firm JDA Group LLC has announced a promotion on its team as it looks ahead to a high-profile development project and other growth opportunities.