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
Tulfra, Hampshire launch leasing at 180-unit rental project in North Haledon

A joint venture is eyeing a midsummer delivery for a new 180-unit luxury apartment complex in northern Passaic County.

Government & Public Policy
April is New Homes Month — who’s celebrating in New Jersey?

Nationally, April is known as New Homes Month and is intended to highlight the benefits of purchasing a new home. April is also recognized as National Fair Housing Month to commemorate the passage of the 1968 federal law, which prohibits discrimination concerning the sale, rental and financing of housing. These two annual recognition events represent a paradox for many of us in New Jersey.

Finance & Capital Markets
NorthMarq inks $16 million loan for Princeton apartment, retail properties

The owner of two mixed-use buildings in downtown Princeton has refinanced for more than $16 million, in a newly announced transaction by NorthMarq.

Residential & Mixed Use
New 60-unit apartment complex, part of Sparta town center project, sells for $15 million

A newly built, 60-unit apartment complex in Sussex County has changed hands for nearly $15 million, in a transaction arranged by Gebroe-Hammer Associates.

Residential & Mixed Use
Developers near lease-up of 424-unit Hoboken rental property

A joint venture has all but completed its lease-up of 424 new high-end apartments on Hoboken’s burgeoning west side.

Residential & Mixed Use
Marcus & Millichap brokerage team perseveres in pandemic, riding high after banner year

A brokerage team has started 2021 with strong momentum after not only withstanding the COVID-19 crisis, but having its best year since joining forces under the Marcus & Millichap banner.

Residential & Mixed Use
Hekemian & Co. marks one year since debut of Hackensack apartments, offers new incentives

Hekemian & Co. is marking a year since the opening of a 254-unit luxury apartment complex in Hackensack, as it touts continued activity from renters interested in the city’s downtown.

Residential & Mixed Use
Penthouse at iconic Jersey City condo tower sold for $3.9 million

A buyer has paid nearly $4 million for a home at a newly delivered, 79-story condominium tower along the Jersey City waterfront.

Finance & Capital Markets
JLL sources $42 million construction loan for Readington apartment project

A developer has secured a $42 million construction loan for a new 254-unit luxury apartment complex in Readington, according to a debt placement team with JLL.

Finance & Capital Markets
Cronheim: Apartment owner lands $10 million loan for Union, Essex portfolio

The owner of a 129-unit apartment portfolio in Union and Essex counties has landed more than $10 million in financing, in a newly completed transaction by Cronheim Mortgage.