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

KABR adds Stamford rental properties for $41 million, in JLL-brokered deal

KABR Group has made two additions to its luxury apartment portfolio in Stamford, Connecticut, acquiring 116 units in a set of deals by JLL’s Morristown-based capital markets team.

Residential & Mixed Use

Elizabeth apartment high-rise sells for $14.3 million, Kislak says

The longtime owner of a 193-unit, age-restricted apartment high-rise in Elizabeth has sold the property for $14.3 million, in a newly announced deal by The Kislak Co. Inc.

Finance & Capital Markets

JLL: Developers ink $105 million loan for 362-unit Jersey City rental portfolio

A joint venture has secured $105 million to refinance a two-building, 362-unit multifamily portfolio in Jersey City’s burgeoning West Side neighborhood, in a deal arranged by JLL.

Residential & Mixed Use

Newark parcel with approvals for 190 apartments fetches $3.9 million, PRE says

An area real estate firm has acquired a Newark development site with full approvals for 190 apartments, in a deal arranged by PRE Real Estate Services.

People

Denholtz hires new chief investment, financial officers

Denholtz Properties has made two key additions to its executive team to support its continued expansion plans in New Jersey and the Southeast.

Residential & Mixed Use

Extell marks sellout of 245 condos at Pier Village

A new collection of 245 luxury condominiums in Long Branch is sold out, marking the latest milestone for the acclaimed Pier Village property.

Residential & Mixed Use

Denholtz unveils luxury rentals, retail space in latest investment in Red Bank

Denholtz Properties has taken another key step in its plan to help jumpstart Red Bank’s west side, as it prepares to open a new luxury apartment building alongside its headquarters and NJ Transit rail service, making good on a plan that began around 2016.