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.

Professional Services
Clarke Caton Hintz announces seven promotions, including new associate principals

Design and planning firm Clarke Caton Hintz has named two new associate principals among seven recent promotions.

Finance & Capital Markets
Kokes inks $19 million construction loan for Riverside rental project

Kokes Properties has secured more than $19 million in financing for the first phase of a 190-unit residential project in the Burlington County township of Riverside.

Finance & Capital Markets
Prism lands permanent financing for 330-unit adaptive reuse project in West Orange

Prism Capital Partners has secured new financing for its high-profile adaptive reuse project in West Orange, the site of more than 330 new homes and ground-floor retail space.

Finance & Capital Markets
Kennedy Funding closes loan for ambitious Albany redevelopment

Kennedy Funding has closed $850,000 in financing to the developers of a four-building, mixed-use project in Albany, New York, the Englewood Cliffs-based lender announced last week.

Residential & Mixed Use
Claremont eyes debut of 240-unit apartment community in Park Ridge (SLIDESHOW)

Claremont Development is set to unveil a new 240-unit luxury multifamily project in Park Ridge, offering a downtown location and immediate access to the borough’s train station.

Finance & Capital Markets
NorthMarq inks $51 million to refinance Middlesex County rental complexes

The owner of a 184-unit apartment complex in Sayreville has refinanced for $27 million, in the largest of three newly announced transactions by NorthMarq.

Finance & Capital Markets
Progress Capital sources $17.25 million loan for Journal Square apartment deal

The buyer of an apartment and retail building in Jersey City has landed more than $17 million in financing, according to an advisory team with Progress Capital.

Finance & Capital Markets
Lender for residential investors moves into New Jersey, opens Woodbridge office

A growing residential real estate investment lender has expanded into New Jersey, while announcing the hiring of an executive to lead the new office.

Residential & Mixed Use
JLL seeking buyer for 351-unit luxury apartment complex in Fort Lee

A seven-building, 351-unit apartment complex in Fort Lee is on the market for sale, with the potential to draw offers in the range of $170 million.

Professional Services
Dresdner Robin details remediation, infrastructure work in Jersey City redevelopment

Land use consultancy Dresdner Robin has completed the first phase of environmental remediation at the site of what will be a mixed-use, two-tower development in Jersey City.