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
Kislak inks four Jersey Shore investment sales for $7.5 million

Four Jersey Shore investment properties have changed hands for a combined $7.5 million, under a set of newly announced transactions by The Kislak Co. Inc.

Residential & Mixed Use
HFF marketing 144-unit rental complex in Somerset County

The owner of a three-building, 144-unit apartment complex in Somerset County is seeking a buyer for the market-rate property.

Residential & Mixed Use
Developer unveils new renderings of 79-story condo tower in Jersey City

The developer of a 79-story luxury condominium tower in Jersey City is offering a new glimpse of what will soon become the state’s tallest residential building.

Professional Services
Sanzari names manager for 740-unit residential portfolio

Alfred Sanzari Enterprises has tapped a regional management firm to oversee its residential holdings in Bergen and Middlesex counties.

Photos
Developers host grand opening for 91-unit Newark property

A development team has opened its 91-unit luxury apartment property in Newark’s bustling North Ironbound neighborhood.

Residential & Mixed Use
C&W: Buyer wanted for 126-unit rental project at historic Hackensack site

An investment group is seeking a buyer for what will become a two-building, 126-unit luxury apartment complex at the site of a historic bank tower in Hackensack.

Events
Industry leaders Zucker, Marchetta honored at annual Monmouth dinner

A crowd of hundreds turned out Thursday for Monmouth University’s 26th real estate awards dinner, honoring Ralph Zucker and Anthony Marchetta as part of an annual scholarship fundraiser and show of support for the university’s Kislak Real Estate Institute.

Government & Public Policy
Newark developers, city leaders unveil long-awaited park project near Prudential Center

Developers and city officials gathered in Newark on Thursday to mark a milestone more than a decade in the making — the opening of a new public park adjacent to the Prudential Center, setting the stage for a wave of new investment between the arena and Newark Penn Station.

Residential & Mixed Use
Developers, officials hail completion of key redevelopment project in Red Bank

A joint venture has unveiled a boutique apartment building in downtown Red Bank, bringing new life to a long-vacant site and paving the way for additional redevelopment in the borough.

Office
Mack-Cali will evaluate business plan, explore possible sale with new committee

Mack-Cali Realty Corp. will form a committee of independent directors to review the company’s efforts to reposition its portfolio, while exploring a potential sale of the business or any of its properties in the wake of an ongoing proxy fight with activist investors.