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
Pennrose, officials break ground on new affordable senior housing in New Brunswick

Pennrose has started construction on a project that will bring 66 new age-restricted, affordable housing units to downtown New Brunswick with the help of state and city funding sources.

Finance & Capital Markets
Kennedy Funding inks land loan for Suffern residential parcels

Kennedy Funding has closed a new land loan in connection with a nearly six-acre residential development site in Suffern, New York, just north of the New Jersey state line.

Residential & Mixed Use
Landmark eyes debut of new luxury rental projects in Union, Plainfield

Development firm Landmark is set to deliver two new residential properties that will add a combined 185 apartments to its portfolio in Union County.

Residential & Mixed Use
Six-unit North Bergen apartment building trades for $895,000, Cervelli says

Investors have acquired a six-unit apartment building in North Bergen for nearly $900,000, in a deal arranged by Cervelli Real Estate & Property Management.

Residential & Mixed Use
Connell tops out 179-unit rental project at The Park in Berkeley Heights

The Connell Co. has hit another construction milestone at The Park, its flagship campus in Berkeley Heights, where the site’s first luxury apartment building is quickly taking shape.

Residential & Mixed Use
Woodmont, Canoe Brook launch leasing at 199-unit Randolph rental property

Woodmont Properties and Canoe Brook Development have unveiled their latest joint venture, launching leasing at a 199-unit luxury rental property along Route 10 in Randolph.

Top News
Onyx named first official supporter for FIFA World Cup New York New Jersey Host Committee

Onyx Equities is set to play a major role in next year’s FIFA World Cup, announcing Wednesday that it has become the first official supporter for the New York New Jersey Host Committee.

Government & Public Policy
Newark Alliance unites three city organizations to expand key growth initiatives

Three of Newark’s key economic development organizations have come together in a move to further their missions while streamlining their efforts to enhance the state’s largest city.

Residential & Mixed Use
Developer buys would-be residential site in Union City for $2.6 million, Marcus says

A residential development site in Union City has changed hands for more than $2.6 million, according to a brokerage team with Marcus & Millichap.

Residential & Mixed Use
Developers break ground on 230-unit Watchung rental project just west of Route 22

A joint venture has closed on the site of a planned six-building, $104 million project that will bring 230 luxury apartments to Watchung, where construction is now underway.