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.

Finance & Capital Markets
Sponsor inks financing for 4,000 affordable housing units, using $850 million in tax credits

An investment firm has closed financing for $850 million in affordable housing tax credit properties, doing so through a trio of institutional funds.

Residential & Mixed Use
Newly built Summit townhomes trade for $625,000 per unit, Kislak says

An investor has acquired 10 newly built townhomes in Summit for nearly $6.3 million, according to a brokerage team with The Kislak Co. Inc.

Residential & Mixed Use
Leasing underway at 150-unit rental property in Old Bridge

A development team has launched leasing at a new multifamily property in Old Bridge, marking the arrival of 150 upscale apartments at a location just west of Route 9.

Professional Services
Community association law expert joins Curcio Mirzaian

Law firm Curcio Mirzaian Sirot LLC has announced a new addition to its team of community association law, real estate and litigation attorneys.

Residential & Mixed Use
NAI DiLeo-Bram: Developer eyes luxury rental project after acquiring Cranford warehouse

A developer has acquired the site of a 28,000-square-foot warehouse in Cranford, where it’s now seeking approvals to build a 75-unit luxury apartment building.

Residential & Mixed Use
Jersey City: Newly opened micro-apartment building hits the market for sale

A developer is seeking a buyer for a newly completed, 122-unit collection of so-called micro-apartments in Jersey City, in an offering by JLL’s New Jersey capital markets team.

Residential & Mixed Use
Vango set to begin 60-unit second phase of Rutherford multifamily complex

A developer is set to expand its footprint in Rutherford after securing approvals for a new 60-unit luxury apartment building alongside a recently completed property in the downtown.

Professional Services
FirstService executive promoted to vice president of sales for east region

FirstService Residential has named a new vice president of sales for its east region.

Residential & Mixed Use
KRE, National eye final phase of Journal Squared after lease-up of 704-unit second tower

A development team has leased up a new 704-unit luxury apartment tower in Jersey City, paving the way for the final phase of a landmark project in the historic Journal Square neighborhood.

Residential & Mixed Use
Marcus inks sale of Monmouth development site slated for 360 apartments

A developer has acquired a parcel in Monmouth County with the opportunity to build as many as 360 apartments on the site, in a newly announced transaction by Marcus & Millichap.