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
Developers kick off 600-unit third phase of Journal Squared project

Construction is underway on the final phase of the acclaimed Journal Squared project in Jersey City, with plans calling for 600 new apartments amid continued demand at the property.

Residential & Mixed Use
Kislak inks $11 million apartment sale in Central Jersey, part of 1031 exchange

An investor has sold an apartment property in central New Jersey for $11 million, in the first piece of a two-leg transaction arranged by The Kislak Co. Inc.

Top News
CBRE: Pipeline for office conversions on the rise in New Jersey, exceeding 8.6 million sq. ft.

Developers are on track to remove nearly 9 million square feet of obsolete office space in New Jersey, as they repurpose the sites with in-demand uses such as industrial and apartments.

People
RBH Group names new COO, announces three promotions

Development firm RBH Group LLC has announced the hiring of a new chief operating officer as well as the promotion of three other executives.

Residential & Mixed Use
Woodmont marks opening, leasing momentum at new West Windsor rentals

Woodmont Properties has taken the wraps off a new luxury apartment complex in West Windsor, having already rented nearly a third of its 443 units at the site.

Residential & Mixed Use
Gebroe-Hammer inks $12 million sale of 88-unit apartment portfolio in East Orange

A private investor has purchased a two-building, 88-unit apartment portfolio in East Orange for nearly $12 million, according to a brokerage team with Gebroe-Hammer Associates.

Residential & Mixed Use
Developer acquires Teaneck apartment, hotel parcel for $10 million, Marcus says

A development site that could house a new apartment complex or hotel has changed hands in Teaneck, in a newly announced transaction by Marcus & Millichap.

Government & Public Policy
Developer secures final approval for 500,000 sq. ft. mixed-use project in Hoboken, Jersey City

Local officials have cleared the way for a developer to break ground on what will be 500,000 square feet of new commercial and residential space at the border of Hoboken and Jersey City.

Residential & Mixed Use
Kislak: Linden apartments trade for $21 million, marking first sale in 75 years

The developer of a 120-unit apartment complex in Linden has sold the property after nearly 75 years, in a newly announced transaction by The Kislak Co. Inc.

Residential & Mixed Use
Developers sell new East Rutherford apartments for $11.6 million, Gebroe-Hammer says

The developers of a new 35-unit luxury apartment building in East Rutherford have sold the property for $11.6 million, in a transaction arranged by Gebroe-Hammer Associates.