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.

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.

Residential & Mixed Use
Landmark debuts amenities at second phase of Union Twp. rental project

The builder of a new upscale apartment complex in downtown Union has unveiled a series of amenities at the property’s second phase.

Residential & Mixed Use
Advance breaks ground on 399-unit rental project in growing Harrison redevelopment area

Advance Realty Investors has broken ground on nearly 400 new apartments in Harrison, in what will be the latest addition to a 35-acre stretch of the town’s waterfront redevelopment zone.

Roundtable
After pushback, Paramount prepares for latest adaptive reuse project in downtown Newark

A developer is moving ahead with plans to build 80 new apartments and ground-floor retail space inside a historic building in downtown Newark, following backlash from members of a congregation that had been based at the property for some four decades.

Residential & Mixed Use
Marcus inks 14-unit multifamily sale in Montclair

A private investor has purchased 14 apartments in Montclair for nearly $1.8 million, in a newly announced transaction by Marcus & Millichap.