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.

Sommer joins Kushner Cos. as executive VP for development, construction

A veteran development executive has joined Kushner Cos., bolstering its team as the firm continues to grow its pipeline in the region and throughout the East Coast.

East Rutherford apartments more than two-thirds leased, developers say

A joint venture has leased more than two-thirds of a new 208-unit luxury rental complex in East Rutherford, citing continued demand for suburban apartments in the midst of the pandemic.

East Orange, Irvington apartments change hands for $92.5 million

A joint venture has reaped more than $90 million from the sale of 702 apartments across two dozen buildings in Essex County, according to brokers with Marcus & Millichap.

PEEK Properties launches leasing at 39-unit apartment building in East Orange

PEEK Properties has launched leasing at its new 39-unit apartment building in East Orange, the latest addition to an area near the city’s main business district and its Brick Church train station.

Joint venture hails latest leasing milestone at Hoboken rental building

Bijou Properties is touting a strong finish to 2020 at its recently developed, 424-unit luxury apartment building in western Hoboken.

Murphy signs $14 billion incentive package

Gov. Phil Murphy appeared last year at the Commercialization Center for Innovative Technology, a state-run incubator in North Brunswick, where he showcased his plans for a New Jersey Innovation Evergreen Fund. — Courtesy: Governor’s Office By Joshua Burd Gov. Phil…

Kamson acquires 23-unit Morristown apartment building, Kislak says

The Kamson Corp. has expanded its apartment portfolio with the acquisition of a 23-unit building in Morristown, in a transaction arranged by The Kislak Co. Inc.

BNE, Sterling launch leasing at next phase of Piscataway rental project

A joint venture has taken the wraps off the second phase of a newly built luxury apartment project in Piscataway.

Mack-Cali sells New Brunswick rental property for $47 million

Mack-Cali Realty Corp. has announced the sale of two luxury multifamily properties, including a 200-unit complex in New Brunswick that changed hands for $47 million.

Progress Capital inks $22 million loan for new Camden County apartments

The developer of 141 apartments in Camden County has landed nearly $22 million in financing, under a transaction arranged by Progress Capital.