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
Cervelli: 1031 buyer acquires nine-unit rental building in Jersey City

A nine-unit apartment building in Jersey City has changed hands, following a sale arranged by Cervelli Real Estate & Property Management.

Residential & Mixed Use
Union rental complex teams with area businesses, employers for discount program

The owner of a new apartment complex in Union has partnered with some of the area’s top employers on a series of incentives aimed at drawing renters to the property.

Residential & Mixed Use
Developers launch leasing at 260-unit rental project at Jersey City-Hoboken border

A joint venture has unveiled a new 260-unit luxury apartment complex in Jersey City, the latest addition to an emerging neighborhood just west of the Holland Tunnel.

Residential & Mixed Use
The Marketing Directors lands six new leasing assignments in Hoboken, Jersey City

A rendering of The Enclave, a 260-unit luxury rental project at 675 Monmouth St. in Jersey City — Courtesy: The Marketing Directors/BNE Real Estate Group By Joshua Burd Developers have tapped The Marketing Directors to lead leasing campaigns for six…

Retail
Westfield Garden State Plaza reveals plans for sweeping mixed-use makeover

The owner of the Westfield Garden State Plaza in Paramus has unveiled plans for a new mixed-use town center, one that will include new residential development and commercial and park space at what is already one of the nation’s top-performing malls.

Residential & Mixed Use
JMF breaks ground on 110-unit rental project in Glen Ridge

JMF Properties has kicked off construction for a planned 110-unit luxury rental property at the border of Glen Ridge and Montclair.

Government & Public Policy
Seeking a solution, Assembly budget leader calls for extending deadline for state incentives

With the state’s two main incentive programs set to expire on June 30, a high-ranking state lawmaker called on Gov. Phil Murphy to consider extending the deadline and allow policymakers to revamp the tax credit offerings without interruption.

Residential & Mixed Use
Jersey City: Ironstate, Panepinto hail leasing milestone at 539-unit rental tower

Renters have flocked to a newly built, 51-story apartment tower in downtown Jersey City, leasing more than 400 of its 539 units since late last year.

Finance & Capital Markets
Wilcox inks $32 million loan for 151-unit rental complex in Maplewood

G.S. Wilcox & Co. has secured $32 million in financing for the owner of a recently built, 151-unit apartment community in Maplewood.

Residential & Mixed Use
Joint venture, HMFA top out 100-unit rental project in West Orange

A mixed-income project that will bring 100 new apartments to Essex County is slated for delivery by year-end, as its developers gathered last week to mark a construction milestone.