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
JMF eyes July debut for 110-unit apartment building in Glen Ridge

JMF Properties is nearing the completion of a 110-unit apartment building in Glen Ridge, as it looks to expand on a concept introduced in another Essex County community.

Residential & Mixed Use
Journal Square apartment portfolio fetches $12 million, Marcus says

A longtime owner has sold two Jersey City multifamily properties for $12 million, in a newly announced transaction by Marcus & Millichap.

Government & Public Policy
EDA now taking applications for rebooted residential ERG program

The state Economic Development Authority is once again accepting applications for a popular gap financing program that lapsed two years ago, but has since been rebooted.

Residential & Mixed Use
Developers, Fulop unveil newest luxury rental project on Jersey City’s west side

A development team has marked the opening of 145 new apartments on Jersey City’s west side, where the first residents have move in and many more are on the way.

Residential & Mixed Use
Bedrin, March Associates break ground on Hawthorne project with apartments, self-storage

A joint venture has broken ground on a long-awaited project that will bring new apartments, a self-storage facility and a national fitness chain to the Passaic County borough of Hawthorne.

Finance & Capital Markets
Kennedy Funding closes $2.3 million loan for beachfront tract in Dominican Republic

Kennedy Funding has completed another loan in the Caribbean, closing $2.3 million in financing to the owners of more than 60 beachfront acres in the Dominican Republic.

Residential & Mixed Use
CHA, city officials mark debut of apartments, redevelopment of ex-hospital site in Plainfield

CHA Partners has unveiled a new 120-unit luxury apartment building in Plainfield, part of a master-planned redevelopment of the city’s former Muhlenberg Regional Medical Center.

Residential & Mixed Use
Developer, city officials detail additional plans for Newark stadium redevelopment

A developer and Newark city officials are offering new details about a plan to revitalize a former stadium property, including a focus on affordable housing and the use of union labor.

People
Kokes Properties announces promotion of longtime employee to controller

A longtime employee of Kokes Properties and its predecessor businesses has earned a promotion to the position of controller.

Residential & Mixed Use
Liberty Science Center names developer for 400 apartments at ‘SciTech Scity’ project

The Liberty Science Center in Jersey City has tapped a New York-based developer to build 400 apartments on an adjacent property, with plans to market the units to entrepreneurs, teachers, students and others as part of a sweeping innovation campus alongside the facility.