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
Procida marks payoff of $19 million construction loan, as 122 micro-units open in Jersey City

An area lender is touting the completion of 122 micro-apartments in Jersey City, thanks in part to nearly $19 million in construction financing.

Government & Public Policy
Bill to end eviction ban, with additional protections, slated for vote by full Legislature

A bill that would end New Jersey’s eviction ban later this summer while still providing protections to many apartment renters is poised for a full vote in the state Legislature.

People
Hampshire deepens leadership team with new promotions

The Hampshire Cos. has promoted a dozen employees, continuing its efforts to foster professional development from within the organization.

Residential & Mixed Use
Leasing underway at 452-unit apartment high-rise, second of two towers in Jersey City

A developer has launched preleasing at a second 45-story apartment tower in Jersey City, part of a project that has brought 900 upscale homes to a growing waterfront neighborhood.

Residential & Mixed Use
Buyer wanted for 129-unit East Orange apartment portfolio, Gebroe-Hammer says

The owner of a three-building, 129-unit apartment portfolio in East Orange is seeking a buyer for the properties, having tapped Gebroe-Hammer Associates to market the offering.

Residential & Mixed Use
Sterling opens 144-unit, PATCO-served rental property in Camden County

A developer has marked the opening of a new 144-unit luxury apartment complex in Camden County, having leased more than a quarter of its homes in less than less a month.

Residential & Mixed Use
Developers launch leasing at 200-unit luxury rental project in Montclair arts district

A joint venture has kicked off leasing at 200 new luxury apartments in Montclair, marking a milestone in a plan to create an arts district anchored by a historic downtown theater.

Residential & Mixed Use
CHA touts momentum, leasing milestone at 176-unit project in Bloomfield

A developer has rented more than 80 percent of a new 176-unit apartment building in Bloomfield, in a sign of success for a long-running downtown revitalization plan.

Finance & Capital Markets
Father and son thriving together as part of JLL capital markets team in New Jersey

JLL’s New Jersey-based capital markets team includes a rare father-son combination among commercial real estate brokers, part of an office that remains a leader in the state and has only expanded its reach over the past year.

Residential & Mixed Use
Blue Onyx breaks ground on 78-unit project alongside existing East Orange apartments

Development firm Blue Onyx Cos. has broken ground on a new apartment building in East Orange, expanding its footprint in the city after having revitalized an adjacent property.