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.

Kennedy Funding closes $1 million loan for Long Island waterfront property

Kennedy Funding, an Englewood Cliffs-based direct private lender, has closed a $1 million loan for a nearly four-acre waterfront property in New York’s Nassau County.

Newly delivered Jersey City rental building launches leasing (SLIDESHOW)

The owner of a new luxury apartment building in Jersey City has launched leasing at the 99-unit property.

Developers of new Hoboken rental building launch COVID donation program

The development team behind a new 424-unit apartment building in Hoboken is taking steps to support those on the front lines of the coronavirus pandemic.

The economic value of the multifamily industry

In the weeks since the start of this crisis, the primary focus was on the health impacts of COVID-19, and rightfully so. And while the economic impact never left our minds, recent data has now put the financial health of our country and our state on the front burner.

Leasing teams turn to virtual tours, platforms to lure renters during stay-at-home order

In-person tours have been curtailed and lease numbers are down, but virtual tours are helping luxury apartment buildings bring in renters in this time of social distancing. The virtual elements are so useful, in fact, that building representatives said they’ll keep using them after the coronavirus crisis is over.

Kislak brokers sale of four-building, 56-unit rental portfolio in Newark

A multifamily owner has reaped nearly $8 million from the sale of a four-building, 56-unit portfolio in Newark, following a transaction arranged by The Kislak Co. Inc.

Investor sells mixed-use Bayonne property for $2 million, Marcus says

A private investor has sold a 6,900-square-foot mixed-use building in Bayonne, under a newly announced transaction by Marcus & Millichap.

Value Cos. launches virtual leasing, financial relief for residents during pandemic

Value Cos. has taken steps across its portfolio of apartment buildings to help ease residents’ concerns and ensure safety and social distancing during the coronavirus pandemic.

Pennrose offers 10 weeks’ free rent at New Brunswick apartment tower

A developer is offering up to 10 weeks of free rent at a new luxury apartment building in New Brunswick, seeking to ease the concerns of would-be tenants during the COVID-19 crisis.

FirstService unveils virtual lifestyle content, programming for residents during pandemic

FirstService Residential has launched a new virtual lifestyle platform for thousands of properties in its portfolio, seeking to provide content options during the coronavirus pandemic.