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
Hudson County condo project lands $44 million in financing

A private lending platform has closed on a $44 million construction loan to the developer of a 55-unit condominium project in Union City.

Residential & Mixed Use
East Orange apartment building fetches $11.6 million, Gebroe-Hammer says

A private investor has acquired a 76-unit apartment building in East Orange for nearly $12 million, under a newly announced transaction by Gebroe-Hammer Associates.

Residential & Mixed Use
Kislak closes Jersey Shore investment sales totaling $8.5 million

An investor has acquired a 32-unit garden apartment complex in Long Branch for more than $4 million, in the largest of three newly announced transactions by The Kislak Co. Inc.

Finance & Capital Markets
Kennedy Funding inks $1 million loan for 22-acre project in Tulsa

Kennedy Funding has closed on more than $1 million in financing to help pave the way for a planned mixed-use development in Tulsa, Oklahoma.

Office
L+M sees new office space as key complement to apartments, retailers at historic Newark tower

With renters flocking to Walker House’s 264 apartments and commitments from a host of retailers, L+M Development Partners is keenly focused on the third piece of its formula. The New York-based developer, alongside brokers with JLL, has stepped up efforts to market more than 50,000 square feet of available office space at the building, touting the promise of downtown Newark’s resurgence and a workplace that is like few others in New Jersey. 

Residential & Mixed Use
JLL: Buyer wanted for newly built apartment, retail complex in Metuchen

A newly built apartment and retail complex in Metuchen is on the market for sale, providing an investment opportunity in the borough’s revitalized downtown and transit district.

Finance & Capital Markets
Mack-Cali lands $300 million loan for 750-unit tower in Jersey City, CBRE says

Mack-Cali Realty Corp. has closed on a $300 million construction loan for its planned 750-unit residential tower in downtown Jersey City, brokers with CBRE announced Monday.

Residential & Mixed Use
Plainfield: Paramount breaks ground on 70-unit project near train station

Paramount Assets has launched construction for a project that will bring dozens of new luxury apartments and retail space to an area near one of Plainfield’s train stations.

Residential & Mixed Use
Jersey City, developers eye 1.5-acre park space for new residential neighborhood

Developers and local officials have broken ground on a new $2 million park in Jersey City that will look to be a focal point for an emerging residential neighborhood.

Residential & Mixed Use
Gebroe-Hammer touts apartment deals in Bergen, Passaic totaling $154 million

The original developer of a Wood-Ridge apartment building has sold the complex, in one of several newly announced transactions by Gebroe-Hammer Associates.