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
JLL marketing 312-unit luxury apartment complex outside Princeton

A sprawling complex of more than 300 luxury apartments in Lawrenceville is on the market for sale, in an offering by JLL’s New Jersey capital markets team.

Finance & Capital Markets
Investors Bank completes $556 million in Q1 commercial real estate loans

The owner of a 132-unit luxury apartment building in Jersey City has refinanced for $45 million, in one of several recently announced loans by Investors Bank.

Residential & Mixed Use
Gebroe-Hammer touts spring momentum, inking $269 million in recent multifamily sales

Gebroe-Hammer Associates is riding continued investor appetite for New Jersey’s multifamily sector, having completed 21 deals for a combined $269 million in the past two months alone.

Residential & Mixed Use
ACDEVCO, stakeholders plan May 25 event on jump-starting Atlantic City housing market

Business leaders are hoping to shine a light on Atlantic City’s available housing stock — and the incentives for would-be buyers — in a free event slated to take place this week.

Government & Public Policy
Mixed-use project in Paterson advances with support from EDA, HFMA

A partnership is eyeing plans to bring 74 new apartments to Paterson, in a project that calls for both new construction and the restoration of a historic mill property near the city’s Great Falls.

Retail
Prism inks retail lease at Woodbridge project, securing space for café owned by Eric LeGrand

Former Rutgers University football player Eric LeGrand will open a new café in downtown Woodbridge, becoming the first retail tenant at a new development by Prism Capital Partners.

Residential & Mixed Use
Developers partnering with state, University Hospital for new affordable housing in Newark

A new 78-unit affordable housing development is coming to Newark’s West Ward as part of a collaboration among state officials, private-sector builders and a key hospital in the city.

People
Saxum adds director of capital markets among three newest hires

Saxum Real Estate made three additional hires as it continues to scale its business, having doubled the size of its team since the start of the pandemic.

Residential & Mixed Use
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Residential & Mixed Use
Development team nears completion of 199-unit rental project, its latest in Jersey City

An investment group is eyeing the debut of 199 new luxury apartments on Jersey City’s west side, marking the latest piece of the master-planned neighborhood known as University Place.