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
Developer refis Teaneck multifamily project with $74 million loan, Eastern Union says

The developer of a 256-unit apartment building in Teaneck has snagged more than $74 million in financing for the project, according to a debt placement team with Eastern Union.

Residential & Mixed Use
Larken kicks off 120-unit rental project in Pohatcong, its latest expansion in multifamily

Larken Associates has broken ground on a new 120-unit multifamily project in Pohatcong, continuing its rapid expansion in Warren County and across the region.

Residential & Mixed Use
Kislak inks trade of 29-unit apartment building in Rockland County

A private apartment owner has added 29 units to its portfolio in New York’s Rockland County, in a newly announced deal by The Kislak Co. Inc.

Residential & Mixed Use
Russo unveils highly touted 296-unit rental property near Newark’s Broad Street Station

Russo Development’s new upscale apartment property in Newark is set to open its doors, in a key milestone in the firm’s high-profile entrance to the state’s largest city.

Finance & Capital Markets
Greystone closes $12 million loan to refi 65-unit loft-style apartments in Boonton

A bridge lender and Greystone affiliate has provided more than $12 million to refinance a 65-unit, loft-style apartment building in Boonton.

Top News
Michael Kaplan, prominent New Jersey developer and longtime Kaplans Cos. leader, dies at 83

Michael Kaplan, a Holocaust survivor who became a prolific New Jersey homebuilder and the second-generation leader of the Kaplan Cos., died Wednesday at age 83.

Residential & Mixed Use
Generational owner sells 22-unit West New York apartment building, Gebroe-Hammer says

The longtime owner of a 22-unit apartment building in West New York has sold the property for nearly $4 million, according to a broker with Gebroe-Hammer Associates.

Residential & Mixed Use
Developer launches leasing at 170-unit upscale rental property in Long Branch

Leasing is underway at a new 170-unit luxury apartment property in Long Branch, in a new addition to the city’s fast-growing stock of upscale housing along its coastline.

Residential & Mixed Use
AvalonBay unveils 221-unit luxury rental property, its second in Princeton

AvalonBay Communities Inc. has completed its new 221-unit multifamily project in Princeton, where it has redeveloped the site of two outdated, obsolete office buildings near Route 206.

Residential & Mixed Use
Family office sells 41-unit Jersey City apartment building for $8 million, CBRE says

A private investment group has purchased a 41-unit apartment building in Jersey City for more than $8 million, according to a brokerage team with CBRE.