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.

K. Hovnanian set to debut new 460-unit townhome project in Cedar Grove

K. Hovnanian Homes is taking the wraps off a new development that will bring 460 luxury townhomes to a site about three miles from downtown Montclair.

Larken recaps 700,000 sq. ft. in leasing, new acquisitions in 2018

Larken Associates is touting a 20 percent increase in leasing activity in 2018, part of a year in which it also added two New Jersey shopping centers to its regional portfolio.

Leasing underway at new 69-unit rental building in Somerville

Sterling Properties has launched leasing at its new 69-unit, luxury apartment building in downtown Somerville.

Gebroe-Hammer touts three new broker promotions

Gebroe-Hammer Associates has promoted three of its top-producing brokers to new executive management positions, following what the firm says was another banner year.

Real Estate NJ’s 2019 Market Forecast

What does the year 2019 have in store for New Jersey’s commercial real estate market? We recruited some of the most influential developers, professionals and thought leaders in New Jersey commercial real estate to give us their predictions for the year ahead.

Wilcox, Thrivent close $170 million in loans for New Jersey apartment and industrial deals

G.S. Wilcox & Co. is touting $170 million in recent loan activity with one of its correspondent lenders, including $100 million for two northern New Jersey apartment developers.

HFF secures $70 million for Advance, DeBartolo rental project in Harrison

Advance Realty and DeBartolo Development have landed $70 million in financing for a recently completed, 286-unit apartment project in Harrison, in a deal arranged by brokers with HFF.

NAIOP: Comptroller report only reinforces need for updated incentives in New Jersey

New Jersey’s use of tax incentives drew harsh criticism from a new audit by a state watchdog agency, but commercial real estate leaders say they welcome the scrutiny — and see it as a step toward updating and renewing the programs later this year.

Amboy Bank chairman Scharpf dies at 78

Amboy Bank is mourning the death of its longtime leader, George E. Scharpf, who spent more than 50 years with the Old Bridge-based community lender.

Newark affordable housing complex sells for $47.5 million

Jonathan Rose Cos. has sold a 360-unit, age-restricted affordable housing property in Newark for more than $47 million, according to brokers involved with the transaction.