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
Marcus: Apartments in Franklin, New Brunswick trade for $5.3 million

A private investor has acquired a 39-unit apartment portfolio in central New Jersey for more than $5.3 million, under a deal arranged by Marcus & Millichap.

Residential & Mixed Use
Leasing underway at second phase of new apartments in Union Township

A developer has unveiled the second phase of what will ultimately be more than 230 apartments in Union Township, bringing another 75 units to the municipality’s growing downtown.

Government & Public Policy
Claremont breaks ground on homeless shelter, moving closer to new 444-unit apartment tower

A developer has broken ground on a new homeless services center in Jersey City, marking a key step in a plan to ultimately build a 23-story, 444-unit apartment tower across the street.

Residential & Mixed Use
Marcus: Family sells Jersey City development site assembled over 30 years

A development tract three decades in the making has changed hands in Jersey City, in a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
New Jersey remains a draw for out-of-state developers — despite the hurdles

For developers from out of state, building in New Jersey can be a challenge. Yet there are builders that make it work — generally when there’s buy-in from government officials — and New Jersey remains a draw for many of them.

Retail
Kushner taps Pierson as retail leasing agent at Pier Village in Long Branch

Kushner Cos. has named Pierson Commercial as its retail leasing agent at Pier Village, the popular mixed-use, oceanfront development in Long Branch.

Residential & Mixed Use
Russo plans fall launch for upscale apartments in Garwood

Russo Development is gearing up to open its latest luxury multifamily project, a collection of nearly 300 apartments in the Union County borough of Garwood.

Residential & Mixed Use
Jersey City: 134-unit rental portfolio trades for $21 million, Gebroe-Hammer says

A six-property, 134-unit apartment portfolio in Jersey City has changed hands for more than $21 million, in a newly announced transaction by Gebroe-Hammer Associates.

Finance & Capital Markets
C&W arranges joint venture equity for 718-unit workforce housing portfolio in East Orange

The owner of a 718-unit, 11-building multifamily portfolio in East Orange has secured new partners, in a transaction arranged by Cushman & Wakefield.

Health Care & Education
CHA Partners debuts new senior living brand at East Hanover, Totowa projects

Development firm CHA Partners has unveiled a new upscale senior living brand for a soon-to-open facility and another that’s under construction, both in northern New Jersey.