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.

Developers land $94 million financing package for revival of iconic Paterson stadium

A development team has closed on more than $90 million in financing for a project that centers on restoring Paterson’s historic Hinchcliffe Stadium.

Marcus inks $17 million loan for Linden multifamily, retail project

The developer of a 113-unit apartment building in Linden has secured more than $17 million in financing, in a newly announced deal by Marcus & Millichap Capital Corp.

Prism breaks ground at site of 382 apartments, townhomes in Middlesex County

By Joshua Burd Prism Capital Partners has broken ground on a project that will bring more than 380 apartments and townhomes to downtown Dunellen, about a mile south of Route 22. The builder, which has started earthwork and utility construction…

Larken completes construction, lease-up of 198-unit residential project in Warren County

Larken Associates is hailing the completion and lease-up of a 10-building, 198-unit multifamily development in Warren County, its largest multifamily project to date.

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.

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.

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.

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.

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.

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.