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 open outdoor space at Jersey City rental building, completing amenity offering

A development group has completed the roll-out of more than 100,000 square feet of amenity space for a three-building, 600-unit luxury apartment complex in Jersey City.

Finance & Capital Markets
NorthMarq inks $13 million bridge loan for Bergen County apartment builder

The developer of a 49-unit apartment building in Bergen County has secured more than $13 million in financing, in a deal arranged by NorthMarq.

Residential & Mixed Use
Developers break ground on two-phase, 410-unit apartment project in Orange

A joint venture has broken ground on the first piece of what will ultimately be more than 400 luxury apartments and new public space alongside an NJ Transit train station in Orange.

Residential & Mixed Use
Kislak: Developer sells boutique Maplewood apartment building for $7.6 million

The developer of a newly built, 20-unit apartment building in Maplewood has sold the property for $7.6 million, under a deal arranged by The Kislak Co. Inc.

Residential & Mixed Use
Petrucci touts start of 172-unit rental project in East Orange amid continued pipeline growth

J.G. Petrucci Co. Inc. has kicked off a project that will bring 172 apartments to East Orange, seeking to tap into a location just north of Interstate 280 and a commuter train station.

Finance & Capital Markets
Madison closes loans for Short Hills, North Bergen properties

A private equity firm has expanded its reach in the New Jersey commercial real estate sector, announcing a $35 million loan for a two-building office portfolio in Essex County.

Residential & Mixed Use
NJPAC details plans for $150 million expansion, transformation of Newark campus (SLIDESHOW)

A long-awaited plan to expand the New Jersey Performing Arts Center campus in Newark — with new residential, commercial and cultural space — is slated to break ground next year.

Finance & Capital Markets
J&L lands $94 million construction loan for long-awaited, 403-unit project in Newark

The developer of a 12-story, 403-unit apartment complex in Newark’s Ironbound section has secured $94 million in financing, in a newly announced transaction by Greystone.

Residential & Mixed Use
Developers launch construction for 56-unit affordable housing property in Irvington

A development team has broken ground on a 56-unit apartment building in Irvington that will serve low- and moderate-income renters and residents with special needs.

Government & Public Policy
NJAA lauds passage of bill to end state’s eviction moratorium

A bill that would wind down New Jersey’s moratorium on residential evictions is headed for Gov. Phil Murphy’s desk, drawing cheers from many landlords after months of uncertainty.